TrueShares Structured Outcome (January) ETF (BATS:JANZ) Shares Up 1.4% – Time to Buy?

TrueShares Structured Outcome (January) ETF (BATS:JANZ) shot up 1.4% during trading on Monday . The stock traded as high as $41.25 and last traded at $41.20. 2,055 shares traded hands during trading, a decline of 89% from the average session volume of 18,332 shares. The stock had previously closed at $40.63.

TrueShares Structured Outcome (January) ETF Price Performance

The firm has a market capitalization of $28.02 million, a PE ratio of 24.18 and a beta of 0.76. The company’s fifty day simple moving average is $39.89 and its 200 day simple moving average is $38.73.

Institutional Investors 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. raised its holdings 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 Form 13F filing with the Securities & Exchange Commission. 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 approximately 1.64% of TrueShares Structured Outcome (January) ETF worth $397,000 as of its most recent filing with the Securities & Exchange Commission.

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.