Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) Trading Down 0.8%

Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) traded down 0.8% during trading on Thursday . The stock traded as low as $39.57 and last traded at $39.91. 1,443 shares were traded during trading, a decline of 97% from the average session volume of 57,653 shares. The stock had previously closed at $40.23.

Overlay Shares Large Cap Equity ETF Stock Performance

The company’s fifty day moving average is $41.15 and its 200-day moving average is $38.14. The company has a market capitalization of $155.64 million, a PE ratio of 24.95 and a beta of 1.12.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Overlay Shares Large Cap Equity ETF stock. NBC Securities Inc. purchased a new position in Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,881 shares of the company’s stock, valued at approximately $505,000. NBC Securities Inc. owned 0.35% of Overlay Shares Large Cap Equity ETF at the end of the most recent reporting period.

About Overlay Shares Large Cap Equity ETF

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.