TrueShares Structured Outcome (January) ETF (BATS:JANZ) Trading 0.9% Higher – Still a Buy?

TrueShares Structured Outcome (January) ETF (BATS:JANZ) shares traded up 0.9% during trading on Thursday . The company traded as high as $42.06 and last traded at $41.98. Approximately 3,172 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 13,223 shares. The stock had previously closed at $41.61.

TrueShares Structured Outcome (January) ETF Price Performance

The stock has a market capitalization of $28.55 million, a P/E ratio of 24.18 and a beta of 0.76. The firm has a 50-day simple moving average of $41.29 and a 200 day simple moving average of $39.86.

Institutional Trading of TrueShares Structured Outcome (January) ETF

A hedge fund recently raised its position in TrueShares Structured Outcome (January) ETF stock. JPMorgan Chase & Co. raised its stake in TrueShares Structured Outcome (January) ETF (BATS:JANZ) by 111,160.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,126 shares of the company’s stock after buying 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.

TrueShares Structured Outcome (January) ETF Company Profile

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.