Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) Hits New 52-Week High – Should You Buy?

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDLGet Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $22.99 and last traded at $22.98, with a volume of 16446 shares. The stock had previously closed at $22.88.

Strategy Shares Nasdaq 7HANDL Index ETF Price Performance

The business’s fifty day moving average is $22.39 and its 200-day moving average is $22.30. The firm has a market cap of $647.91 million, a PE ratio of 24.18 and a beta of 0.74.

Strategy Shares Nasdaq 7HANDL Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, May 14th. Shareholders of record on Wednesday, May 13th were paid a $0.1336 dividend. The ex-dividend date was Wednesday, May 13th. This is a boost from Strategy Shares Nasdaq 7HANDL Index ETF’s previous monthly dividend of $0.13. This represents a c) annualized dividend and a dividend yield of 7.0%.

Hedge Funds Weigh In On Strategy Shares Nasdaq 7HANDL Index ETF

Several large investors have recently modified their holdings of HNDL. Kestra Advisory Services LLC grew its position in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 1,053.3% in the first quarter. Kestra Advisory Services LLC now owns 136,899 shares of the company’s stock valued at $2,990,000 after purchasing an additional 125,029 shares in the last quarter. Beam Wealth Advisors Inc. boosted its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 3.0% in the 1st quarter. Beam Wealth Advisors Inc. now owns 24,188 shares of the company’s stock valued at $528,000 after purchasing an additional 705 shares during the period. Patriot Financial Group Insurance Agency LLC bought a new position in shares of Strategy Shares Nasdaq 7HANDL Index ETF in the first quarter worth $312,000. OxenFree Capital LLC raised its position in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 13.6% in the first quarter. OxenFree Capital LLC now owns 49,964 shares of the company’s stock worth $1,118,000 after buying an additional 5,975 shares in the last quarter. Finally, Wellington Shields & Co. LLC purchased a new position in Strategy Shares Nasdaq 7HANDL Index ETF during the fourth quarter worth about $337,000.

About Strategy Shares Nasdaq 7HANDL Index ETF

(Get Free Report)

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.

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