ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG) Trading Down 0.4% – What’s Next?

ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG – Get Free Report) shares were down 0.4% during trading on Monday . The stock traded as low as $23.42 and last traded at $23.46. 1,513 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 7,406 shares. The stock had previously closed at $23.55.

ZEGA Buy and Hedge ETF Trading Down 0.3%

The stock has a market cap of $35.16 million, a PE ratio of 26.42 and a beta of 0.78. The business has a fifty day simple moving average of $23.17 and a two-hundred day simple moving average of $22.65.

About ZEGA Buy and Hedge ETF

(Get Free Report)

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. ZHDG was launched on Jul 6, 2021 and is managed by ZEGA.

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