TrueShares Structured Outcome (January) ETF (BATS:JANZ) Stock Price Down 0.2% – Here’s Why

Shares of TrueShares Structured Outcome (January) ETF (BATS:JANZ) dropped 0.2% during mid-day trading on Tuesday . The company traded as low as $41.90 and last traded at $41.90. Approximately 1,551 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 14,517 shares. The stock had previously closed at $42.00.

TrueShares Structured Outcome (January) ETF Price Performance

The company has a market cap of $28.49 million, a price-to-earnings ratio of 24.18 and a beta of 0.76. The firm’s fifty day moving average price is $40.92 and its 200-day moving average price is $39.45.

Institutional Inflows and Outflows

A hedge fund recently raised its position in TrueShares Structured Outcome (January) ETF stock. JPMorgan Chase & Co. grew its position in TrueShares Structured Outcome (January) ETF (BATS:JANZ) by 111,160.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,126 shares of the company’s stock after purchasing an additional 11,116 shares during the period. JPMorgan Chase & Co. owned approximately 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.