Ranger Equity Bear ETF (NYSEARCA:HDGE) Stock Price Passes Above 200 Day Moving Average of $21.62

Ranger Equity Bear ETF (NYSEARCA:HDGE) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.62 and traded as high as $21.62. Ranger Equity Bear ETF shares last traded at $21.42, with a volume of 195,197 shares changing hands.

Ranger Equity Bear ETF Stock Down 0.1 %

The company has a market cap of $116.10 million, a PE ratio of 10.34 and a beta of -1.19. The firm’s fifty day simple moving average is $20.15 and its 200-day simple moving average is $21.62.

Institutional Trading of Ranger Equity Bear ETF

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

Ranger Equity Bear ETF Company Profile

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.