TrueShares Structured Outcome (January) ETF (BATS:JANZ) Trading Down 0.2% – Time to Sell?

TrueShares Structured Outcome (January) ETF (BATS:JANZ) shares were down 0.2% during mid-day trading on Monday . The company traded as low as $40.67 and last traded at $40.67. Approximately 734 shares were traded during trading, a decline of 95% from the average session volume of 15,751 shares. The stock had previously closed at $40.74.

TrueShares Structured Outcome (January) ETF Price Performance

The firm has a market capitalization of $27.66 million, a price-to-earnings ratio of 24.18 and a beta of 0.76. The business’s 50-day moving average price is $40.82 and its 200 day moving average price is $39.12.

Hedge Funds Weigh In On TrueShares Structured Outcome (January) ETF

An institutional investor recently raised its position in TrueShares Structured Outcome (January) ETF stock. JPMorgan Chase & Co. grew its holdings in shares of TrueShares Structured Outcome (January) ETF (BATS:JANZ) by 111,160.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,126 shares of the company’s stock after acquiring an additional 11,116 shares during the period. JPMorgan Chase & Co. owned about 1.64% of TrueShares Structured Outcome (January) ETF worth $397,000 as of its most recent SEC filing.

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.