Is Unlimited HFGM Global Macro ETF (HFGM) a Buy, Sell, or Hold?
NYSE : HFGM
Unlimited HFGM Global Macro ETF
$31.045 USD
-$0.26 (-0.81%)
- Volume
- 14.95K
- Average Volume
- 53.76K
- Market Capitalization
- $25.55M
- P/E Ratio
- Dividend Yield
- %
- Price Target
- Year High
- $37.06
- Year Low
- $27.16
- Day High
- —
- Day Low
- —
- Payout Ratio
- Current Ratio
Company Overview
NYSE
None
Asset Management
Financial Services
HFGM
N/A
US
USD
Liquidity Metrics
Sales & Valuation
-$
Profitability
-$
%
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%
%
P/E Metrics
Analyst Price Target & Rating
0/5
0 Analysts
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Financial Health Scores
No financial score data available.
Key Metrics (TTM)
No key metrics data available.
Company Executives
No executive data available.
Poll Results
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About Unlimited HFGM Global Macro ETF (NYSE:HFGM) Stock
The HFGM ETF is an actively managed fund designed to construct a portfolio mirroring the attributes of the hedge fund industry's Global Macro sector, though with a substantially larger notional footprint. Its primary objective is to generate returns by navigating global economic shifts. To surpass industry performance, the fund deliberately targets twice the volatility. It initially builds its base from a broad range of passively managed ETFs across various asset classes. To achieve its heightened volatility target, HFGM then strategically employs both long and short positions in a focused selection of 10-30 ETFs and futures contracts. A proprietary algorithm is utilized to pinpoint optimal positions, analyzing historical return and volatility patterns within the Global Macro sector, with ... portfolio managers further refining inputs based on return factors that best capture recent market movements. The fund makes frequent adjustments to its portfolio, resulting in significant trading activity. Up to 25% of its investments may be in futures contracts and swap agreements, facilitated through a wholly owned Cayman Islands subsidiary. It is important to note that this fund does not directly invest in hedge fund strategies or specific hedge fund positions.
Frequently Asked Questions
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What is the current Unlimited HFGM Global Macro ETF (HFGM) stock price?
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Unlimited HFGM Global Macro ETF(NYSE:HFGM) stock price is $31.045 in the last trading session. During the trading session, HFGM stock reached the peak price of $37.06 while $27.16 was the lowest point it dropped to. The percentage change in HFGM stock occurred in the recent session was --0.81% while the dollar amount for the price change in HFGM stock was -$0.26.
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HFGM's industry and sector of operation?
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The NYSE listed HFGM is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of HFGM?
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How many employees does HFGM have?
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Number of HFGM employees currently stands at None. HFGM operates from 250 Broadway, 29th Floor, New York, NY 10007, US.
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Link for HFGM official website?
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Official Website of HFGM is: https://unlimitedetfs.com/hfgm/
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How do I contact HFGM?
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HFGM could be contacted at phone #1 833-216-0499 and can also be accessed through its website. HFGM operates from 250 Broadway, 29th Floor, New York, NY 10007, US.
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How many shares of HFGM are traded daily?
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The average number of HFGM shares traded daily for last 3 months was 53.76K.
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What is the market cap of HFGM currently?
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The market value of HFGM currently stands at $25.55M with its latest stock price at $31.045