HDG Stock: ProShares Hedge Replication ETF Stock Price, Analysis & Insights
Get live hdg stock price $50.54, comprehensive ProShares Hedge Replication ETF stock analysis, charts, news, and expert forecast. Real-time hdg stock data and investment insights.
Company Overview
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the benchmark. The benchmark seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index (the "HFRI"). The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. The fund is non-diversified.
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 23.64M market capitalization
- Trading Volume: 459 shares traded today
- Price Range: 52-week range of $46.28 - $50.86
- Exchange: Listed on New York Stock Exchange Arca
Financial Metrics
Market Analysis for ProShares Hedge Replication ETF
ProShares Hedge Replication ETF (HDG) operates in the Asset Management industry within the Financial Services sector. With a current market capitalization of 23.64M, the company represents a significant player in its market. The stock is currently trading at $50.54 with a negativedaily change of 0.45%.
The company's substantial employee base and presence on the New York Stock Exchange Arcaexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of 17.67, beta of 0.35, and 52-week price range from $46.28 to $50.86when evaluating investment opportunities.
Why Invest in ProShares Hedge Replication ETF?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange Arca)
- • Experienced leadership under
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.