Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sets New 52-Week Low – What’s Next?

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $19.00 and last traded at $20.43, with a volume of 144685 shares. The stock had previously closed at $19.20.

Strategy Shares NASDAQ 7 HANDL ETF Price Performance

The company has a 50 day moving average price of $21.19 and a 200 day moving average price of $21.61. The firm has a market cap of $676.23 million, a PE ratio of 24.41 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, March 13th were paid a dividend of $0.1223 per share. This represents a $1.47 annualized dividend and a dividend yield of 7.19%. The ex-dividend date of this dividend was Thursday, March 13th.

Institutional Investors Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Large investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF during the third quarter worth approximately $36,000. Wells Fargo & Company MN raised its position in Strategy Shares NASDAQ 7 HANDL ETF by 185,000.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,851 shares of the company’s stock worth $39,000 after acquiring an additional 1,850 shares in the last quarter. Coppell Advisory Solutions LLC raised its position in Strategy Shares NASDAQ 7 HANDL ETF by 2,685.9% in the fourth quarter. Coppell Advisory Solutions LLC now owns 1,978 shares of the company’s stock worth $42,000 after acquiring an additional 1,907 shares in the last quarter. Tower Research Capital LLC TRC raised its position in Strategy Shares NASDAQ 7 HANDL ETF by 350.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,160 shares of the company’s stock worth $46,000 after acquiring an additional 1,681 shares in the last quarter. Finally, IMG Wealth Management Inc. purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF in the fourth quarter worth $104,000.

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.