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

TrueShares Structured Outcome (January) ETF (BATS:JANZ)’s share price traded down 0.2% during trading on Tuesday . The company traded as low as $41.90 and last traded at $41.90. 1,551 shares were traded during 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 business has a 50-day simple moving average of $40.93 and a two-hundred day simple moving average of $39.48. The stock has a market cap of $28.74 million, a price-to-earnings ratio of 24.18 and a beta of 0.76.

Institutional Inflows and Outflows

An institutional investor recently raised its stake 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% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent reporting period.

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.