TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Shares Climb 0.2% – Here’s Why

TrueShares Structured Outcome (November) ETF (BATS:NOVZ)’s stock price shot up 0.2% on Tuesday. The company traded as high as $47.11 and last traded at $46.95. 1,559 shares traded hands during trading, a decline of 38% from the average daily volume of 2,516 shares. The stock had previously closed at $46.86.

TrueShares Structured Outcome (November) ETF Stock Performance

The company has a market capitalization of $35.83 million, a PE ratio of 24.25 and a beta of 0.76. The company’s 50-day simple moving average is $47.70 and its 200-day simple moving average is $46.11.

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

A hedge fund recently bought a new position in TrueShares Structured Outcome (November) ETF stock. Blue Bell Private Wealth Management LLC purchased a new stake in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,159 shares of the company’s stock, valued at approximately $150,000. Blue Bell Private Wealth Management LLC owned 0.43% of TrueShares Structured Outcome (November) ETF as of its most recent SEC filing.

TrueShares Structured Outcome (November) ETF Company Profile

The TrueShares Structured Outcome (November) ETF (NOVZ) is an exchange-traded fund that is based on the S&P 500 Price index. 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. NOVZ was launched on Oct 30, 2020 and is managed by TrueShares.