TrueShares Structured Outcome (January) ETF (BATS:JANZ) Trading Down 0.2% – Should You Sell?

TrueShares Structured Outcome (January) ETF (BATS:JANZ) shares dropped 0.2% during mid-day trading on Monday . The company traded as low as $40.67 and last traded at $40.67. 734 shares were traded during mid-day trading, a decline of 95% from the average session volume of 15,751 shares. The stock had previously closed at $40.74.

TrueShares Structured Outcome (January) ETF Stock Down 0.0%

The stock has a 50 day moving average price of $40.83 and a 200 day moving average price of $39.14. The stock has a market capitalization of $27.83 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 position in TrueShares Structured Outcome (January) ETF stock. JPMorgan Chase & Co. lifted its holdings in shares of TrueShares Structured Outcome (January) ETF (BATS:JANZ) by 111,160.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,126 shares of the company’s stock after purchasing an additional 11,116 shares during the period. JPMorgan Chase & Co. owned 1.64% of TrueShares Structured Outcome (January) ETF worth $397,000 as of its most recent filing with the SEC.

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.