OLD Mission Capital LLC Acquires Shares of 17,659 Soundwatch Hedged Equity ETF (BATS:SHDG)

OLD Mission Capital LLC purchased a new stake in shares of Soundwatch Hedged Equity ETF (BATS:SHDG) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 17,659 shares of the company’s stock, valued at approximately $514,000. OLD Mission Capital LLC owned about 0.36% of Soundwatch Hedged Equity ETF as of its most recent SEC filing.

Soundwatch Hedged Equity ETF Trading Down 12.7 %

Shares of Soundwatch Hedged Equity ETF stock opened at $26.14 on Friday. Soundwatch Hedged Equity ETF has a 1-year low of $25.24 and a 1-year high of $30.35. The firm’s 50-day moving average price is $29.03 and its two-hundred day moving average price is $29.26. The stock has a market capitalization of $136.45 million, a price-to-earnings ratio of 25.15 and a beta of 0.75.

About Soundwatch Hedged Equity ETF

The Soundwatch Hedged Equity ETF (SHDG) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund is an actively managed fund which seeks to hedge downside US equity market risk and seeks to provide long-term capital appreciation. The fund combines equity exposure with several strategies using derivatives to hedge or generate income.