ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG – Get Free Report) traded up 0.1% during mid-day trading on Wednesday . The stock traded as high as $18.24 and last traded at $18.24. 496 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 12,872 shares. The stock had previously closed at $18.22.
ZEGA Buy and Hedge ETF Trading Up 0.7 %
The firm has a market cap of $42.07 million, a price-to-earnings ratio of 22.83 and a beta of 0.57. The stock has a 50-day moving average of $18.42 and a 200-day moving average of $17.82.
About ZEGA Buy and Hedge ETF
The ZEGA Buy and Hedge ETF (ZHDG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed options strategy that provides S&P 500 equity exposure while attempting to mitigate downside risk. The fund uses options and a broad range of fixed income securities to pursue its investment objective.
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