Overlay Shares Large Cap Equity ETF (BATS:OVL) Trading Up 0.5% – Here’s What Happened

Overlay Shares Large Cap Equity ETF (BATS:OVL)’s stock price traded up 0.5% during trading on Wednesday . The stock traded as high as $56.96 and last traded at $56.79. Approximately 95,117 shares changed hands during trading, an increase of 14% from the average daily volume of 83,503 shares. The stock had previously closed at $56.52.

Overlay Shares Large Cap Equity ETF Trading Up 0.5%

The stock has a market capitalization of $352.67 million, a price-to-earnings ratio of 24.33 and a beta of 1.14. The firm has a 50-day moving average of $56.90 and a 200 day moving average of $55.27.

Institutional Trading of Overlay Shares Large Cap Equity ETF

A hedge fund recently bought a new position in Overlay Shares Large Cap Equity ETF stock. Tsfg LLC purchased a new stake in shares of Overlay Shares Large Cap Equity ETF (BATS:OVL) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 526 shares of the company’s stock, valued at approximately $30,000.

About Overlay Shares Large Cap Equity ETF

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.