Hedgeye has rolled out an actively managed 130/30 equity ETF, combining long and short positions for capital appreciation.

US-based Hedgeye Asset Management (Hedgeye) has introduced an actively managed equity exchange traded fund (ETF) that uses a 130/30 strategy combining long and short stock positions. The fund uses a 130/30 active extension approach Hedgeye said that the Hedgeye 130/30 Equity ETF (HELS) is an actively managed ETF focused on long term capital appreciation. The fund uses a 130/30 active extension approach, with long positions equivalent to 130% of assets and short positions of around 30%, resul