Ranger Equity Bear ETF (NYSEARCA:HDGE) Shares Pass Above 200-Day Moving Average of $20.49

Ranger Equity Bear ETF (NYSEARCA:HDGEGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $20.49 and traded as high as $21.23. Ranger Equity Bear ETF shares last traded at $21.23, with a volume of 18,969 shares.

Ranger Equity Bear ETF Stock Down 0.0 %

The company has a fifty day moving average of $20.83 and a two-hundred day moving average of $20.49. The stock has a market capitalization of $75.97 million, a price-to-earnings ratio of 10.51 and a beta of -1.27.

Hedge Funds Weigh In On Ranger Equity Bear ETF

An institutional investor recently raised its position in Ranger Equity Bear ETF stock. Vanguard Capital Wealth Advisors lifted its position in shares of Ranger Equity Bear ETF (NYSEARCA:HDGEFree Report) by 11.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,880 shares of the exchange traded fund’s stock after acquiring an additional 5,023 shares during the quarter. Vanguard Capital Wealth Advisors owned 0.90% of Ranger Equity Bear ETF worth $958,000 at the end of the most recent quarter.

Ranger Equity Bear ETF Company Profile

(Get Free Report)

The AdvisorShares Ranger Equity Bear ETF (HDGE) is an exchange-traded fund that is based on the MSCI World index. The fund is actively-managed fund that attempts to achieve positive returns by shorting US-listed companies believed to have low earnings quality or use aggressive accounting policies. HDGE was launched on Jan 26, 2011 and is managed by AdvisorShares.

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