Soundwatch Hedged Equity ETF (SHDG)
Soundwatch Hedged Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $33.60, up 0.29% on the session, giving a market capitalisation of $166.6M. Its beta of 0.71 implies it has historically moved less than the broad market.
This fund dedicates at least 80% of its net assets, combined with any borrowed capital utilized for investment, to a varied selection of equity-based instruments or other investments designed to offer similar economic exposure to stocks. These investments may consist of common shares of U.S. companies listed on exchanges, futures contracts tied to stock indices, and/or exchange-traded funds (ETFs) that track prominent U.S. large-capitalization benchmarks, such as the S&P 500 Index.
Soundwatch Hedged Equity ETF is most often compared with the following Financial Services names: