Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sees Large Volume Increase

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) shares saw unusually-high trading volume on Friday . Approximately 42,489 shares were traded during mid-day trading, a decline of 58% from the previous session’s volume of 102,243 shares.The stock last traded at $21.28 and had previously closed at $21.23.

Strategy Shares NASDAQ 7 HANDL ETF Stock Performance

The company has a fifty day simple moving average of $20.84 and a two-hundred day simple moving average of $20.76. The company has a market capitalization of $822.57 million, a price-to-earnings ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, June 14th. Shareholders of record on Thursday, June 13th were issued a $0.1224 dividend. The ex-dividend date was Thursday, June 13th. This represents a $1.47 annualized dividend and a yield of 6.89%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HNDL. Harbour Investments Inc. raised its holdings in Strategy Shares NASDAQ 7 HANDL ETF by 2.4% in the 3rd quarter. Harbour Investments Inc. now owns 194,223 shares of the company’s stock valued at $3,712,000 after acquiring an additional 4,581 shares during the last quarter. Asset Allocation Strategies LLC boosted its holdings in Strategy Shares NASDAQ 7 HANDL ETF by 4.8% in the third quarter. Asset Allocation Strategies LLC now owns 319,901 shares of the company’s stock valued at $6,113,000 after acquiring an additional 14,554 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in Strategy Shares NASDAQ 7 HANDL ETF during the fourth quarter valued at about $385,000. International Assets Investment Management LLC increased its stake in Strategy Shares NASDAQ 7 HANDL ETF by 1,464.3% during the fourth quarter. International Assets Investment Management LLC now owns 183,866 shares of the company’s stock worth $3,802,000 after acquiring an additional 172,112 shares during the last quarter. Finally, RFG Advisory LLC raised its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 12.8% in the 4th quarter. RFG Advisory LLC now owns 84,682 shares of the company’s stock worth $1,751,000 after purchasing an additional 9,634 shares during the period.

About Strategy Shares NASDAQ 7 HANDL ETF

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.