ZEGA Buy and Hedge ETF (NYSEARCA:ZHDG) Stock Price Up 0.6% – Here’s What Happened

ZEGA Buy and Hedge ETF (NYSEARCA:ZHDGGet Free Report) shares shot up 0.6% on Friday . The stock traded as high as $20.61 and last traded at $20.43. 2,434 shares were traded during trading, a decline of 34% from the average session volume of 3,712 shares. The stock had previously closed at $20.31.

ZEGA Buy and Hedge ETF Price Performance

The stock has a market cap of $39.84 million, a PE ratio of 22.65 and a beta of 0.57. The company has a 50 day moving average price of $20.90 and a two-hundred day moving average price of $20.34.

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.

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