Equable Shares Hedged Equity ETF (HEDG)
ARCA ARCA Primary Summary
HEDG Chart
Equable Shares Hedged Equity ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| EW Enzi Wealth Enzi Wealth | 543,699 | $15.93M | $16.31M | $370,713.7 | 2.33% |
| PAP Penny A. Phillips Journey Strategic Wealth LLC | 829,914 | $24.34M | $24.89M | $547,743.24 | 2.25% |
Equable Shares Hedged Equity ETF (HEDG) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
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Has Equable Shares Hedged Equity ETF ever had a stock split?
Equable Shares Hedged Equity ETF Profile
| ARCA Exchange | US Country |
Overview
HEDG is a fund-of-funds that primarily focuses on generating income while simultaneously mitigating downside risk. This is accomplished through a strategy known as covered call option-writing. The fund primarily invests in equity securities that are linked to the S&P 500 index, utilizing either exchange-traded funds (ETFs) or direct stock purchases. By writing covered call options on these securities, HEDG aims to earn premiums, which help in providing partial protection against potential losses while also placing a limit on possible gains. The options positions are generally rolled on a quarterly basis to adapt to market changes.
To ensure liquidity or to meet redemptions, HEDG may maintain a portion of its capital in cash, cash equivalents, ETFs, or money-market funds, with a cap set at 20%. Additionally, the fund has the flexibility to transition its assets entirely into short-term instruments if adverse market conditions arise. Notably, prior to October 13, 2025, HEDG operated as a mutual fund under the name Equable Shares Hedged Equity Fund. It has since transitioned to an ETF structure, starting with an initial asset base of $275.2 million.
Products and Services
- Covered Call Option Writing
This strategy involves writing (selling) options on owned equity securities. By doing so, the fund generates income through premiums while providing a degree of downside protection. However, this method may limit the potential upside gains of these equities.
- Investment in Equity Securities
HEDG invests in equities that are part of the S&P 500 index, allowing the fund to maintain diversification while targeting stable growth. This investment can be manifested through ETFs or direct stock purchases, providing flexibility based on market conditions and investment goals.
- Asset Management for Liquidity
The fund maintains a strategy to manage liquidity by holding a portion of assets in cash and cash equivalents, as well as investments in ETFs and money-market funds. This approach ensures that the fund has adequate liquidity to meet redemption requests and other cash needs, keeping the liquidity cap at 20%.
- Quarterly Options Position Management
Options positions are managed with a quarterly rolling strategy. This means that the fund regularly reviews and adjusts its options positions to remain aligned with the overall investment strategy and market trends, ensuring optimal returns and risk mitigation.
- Responsive Asset Shifting
In response to unfavorable market conditions, HEDG may shift its entire portfolio to short-term instruments. This proactive measure aims to protect investors from significant declines in market value, thereby preserving capital during downturns.
