Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) Shares Down 0.8%

Shares of Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) traded down 0.8% on Thursday . The stock traded as low as $39.57 and last traded at $39.91. 1,443 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 57,653 shares. The stock had previously closed at $40.23.

Overlay Shares Large Cap Equity ETF Trading Up 1.6 %

The firm has a market capitalization of $133.79 million, a P/E ratio of 24.46 and a beta of 1.12. The company has a 50 day simple moving average of $41.16 and a two-hundred day simple moving average of $38.19.

Institutional Trading of Overlay Shares Large Cap Equity ETF

An institutional investor recently bought a new position in Overlay Shares Large Cap Equity ETF stock. NBC Securities Inc. acquired a new position in shares of Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 14,881 shares of the company’s stock, valued at approximately $505,000. NBC Securities Inc. owned approximately 0.35% of Overlay Shares Large Cap Equity ETF at the end of the most recent reporting period.

Overlay Shares Large Cap Equity ETF Company Profile

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.