TrueShares Structured Outcome (January) ETF (BATS:JANZ) Stock Price Up 3.2% – Time to Buy?

Shares of TrueShares Structured Outcome (January) ETF (BATS:JANZ) shot up 3.2% during trading on Thursday . The company traded as high as $36.52 and last traded at $37.7850. 9,179 shares were traded during mid-day trading, a decline of 4% from the average session volume of 9,582 shares. The stock had previously closed at $36.5969.

TrueShares Structured Outcome (January) ETF Stock Performance

The stock’s 50 day simple moving average is $38.45 and its 200-day simple moving average is $37.82. The firm has a market cap of $25.69 million, a price-to-earnings ratio of 24.18 and a beta of 0.76.

TrueShares Structured Outcome (January) ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were given a $0.5414 dividend. This represents a dividend yield of 141.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

Institutional Trading of TrueShares Structured Outcome (January) ETF

An institutional investor recently raised its position in TrueShares Structured Outcome (January) ETF stock. JPMorgan Chase & Co. raised its position in shares of TrueShares Structured Outcome (January) ETF (BATS:JANZ) by 111,160.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,126 shares of the company’s stock after purchasing an additional 11,116 shares during the quarter. JPMorgan Chase & Co. owned 1.64% of TrueShares Structured Outcome (January) ETF worth $397,000 at the end of the most recent reporting period.

About TrueShares Structured Outcome (January) ETF

The TrueShares Structured Outcome (January) ETF (JANZ) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses on the S&P 500 over a specific holdings period with uncapped gains, subject to strategy costs. The actively-managed fund holds options and collateral. JANZ was launched on Dec 31, 2020 and is managed by TrueShares.