Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFND) Trading Down 0.3% – What’s Next?

Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFND) shares fell 0.3% on Thursday . The company traded as low as $24.25 and last traded at $24.25. Approximately 3,247 shares traded hands during trading, a decline of 74% from the average session volume of 12,505 shares. The stock had previously closed at $24.32.

Unlimited HFND Multi-Strategy Return Tracker ETF Price Performance

The company’s fifty day simple moving average is $24.36 and its 200 day simple moving average is $23.88. The firm has a market capitalization of $34.15 million, a PE ratio of 17.86 and a beta of 0.48.

Institutional Investors Weigh In On Unlimited HFND Multi-Strategy Return Tracker ETF

A hedge fund recently bought a new position in Unlimited HFND Multi-Strategy Return Tracker ETF stock. Osbon Capital Management LLC acquired a new position in shares of Unlimited HFND Multi-Strategy Return Tracker ETF (NYSEARCA:HFND) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,168 shares of the company’s stock, valued at approximately $26,000. Osbon Capital Management LLC owned approximately 0.09% of Unlimited HFND Multi-Strategy Return Tracker ETF as of its most recent SEC filing.

About Unlimited HFND Multi-Strategy Return Tracker ETF

The Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that seeks to outperform the hedge fund industry by taking long and short positions in broad-based ETFs and futures contracts. The fund attempts to build a portfolio with similar return characteristics to the hedge fund industry gross of fees returns. HFND was launched on Oct 10, 2022 and is managed by Tidal ETFs.