TrueShares Structured Outcome (January) ETF (BATS:JANZ) Trading 0.9% Higher – What’s Next?

TrueShares Structured Outcome (January) ETF (BATS:JANZ) were up 0.9% on Thursday . The company traded as high as $42.06 and last traded at $41.98. 3,172 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 13,223 shares. The stock had previously closed at $41.61.

TrueShares Structured Outcome (January) ETF Stock Down 0.3%

The stock has a 50-day moving average of $41.33 and a 200 day moving average of $39.88. The company has a market capitalization of $28.45 million, a PE ratio of 24.18 and a beta of 0.76.

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

A hedge fund recently raised its stake in TrueShares Structured Outcome (January) ETF stock. JPMorgan Chase & Co. lifted its position in TrueShares Structured Outcome (January) ETF (BATS:JANZ) by 111,160.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,126 shares of the company’s stock after purchasing an additional 11,116 shares during the period. JPMorgan Chase & Co. owned about 1.64% of TrueShares Structured Outcome (January) ETF worth $397,000 as of its most recent filing with the Securities and Exchange Commission (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.