Shares of ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG – Get Free Report) were up 0.6% during mid-day trading on Friday . The stock traded as high as $20.61 and last traded at $20.43. Approximately 2,434 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 3,712 shares. The stock had previously closed at $20.31.
ZEGA Buy and Hedge ETF Stock Up 0.6 %
The company has a fifty day moving average price of $20.92 and a 200-day moving average price of $20.33. The stock has a market capitalization of $39.84 million, a P/E ratio of 22.65 and a beta of 0.57.
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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