Rhea-AI Summary
Howard Capital Management (HAWG) has launched the HCM Hedged Equity ETF on NYSE Arca, an actively managed fund seeking long-term capital appreciation while managing downside risk.
Launched on August 13, 2026, the ETF invests at least 80% of net assets in large-cap equities linked to the S&P 500 (via the Solactive US Large Cap Index) and the Nasdaq-100 (via the Solactive United States Technology 100 Index). Around 80% of equity exposure is managed with a laddered put spread collar options overlay, while the remaining portion is tactically allocated using HCM’s proprietary quantitative HCM-BuyLine® model. Howard Capital Management reports $8.9 billion in assets under management as of May 31, 2026.
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FAQ
What is the current stock price of HCM Hedged Equity ETF (HAWG)?
HCM Hedged Equity ETF (HAWG) last closed at $29.72.