ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG – Get Free Report) shares shot up 0% on Wednesday . The company traded as high as $21.19 and last traded at $21.19. 516 shares traded hands during trading, a decline of 95% from the average session volume of 11,153 shares. The stock had previously closed at $21.18.
ZEGA Buy and Hedge ETF Trading Down 1.1 %
The firm has a 50-day moving average of $20.48 and a 200 day moving average of $19.72. The stock has a market capitalization of $40.62 million, a price-to-earnings ratio of 22.65 and a beta of 0.57.
ZEGA Buy and Hedge ETF Company Profile
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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