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

TrueShares Structured Outcome (January) ETF (BATS:JANZ)’s share price shot up 1.4% during mid-day trading on Monday . The company traded as high as $41.25 and last traded at $41.20. 2,055 shares traded hands during mid-day 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 Stock Up 1.4%

The company’s 50-day moving average is $39.89 and its two-hundred day moving average is $38.73. The company has a market capitalization of $28.02 million, a P/E ratio of 24.18 and a beta of 0.76.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in TrueShares Structured Outcome (January) ETF stock. JPMorgan Chase & Co. increased its stake in TrueShares Structured Outcome (January) ETF (BATS:JANZ) by 111,160.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,126 shares of the company’s stock after purchasing an additional 11,116 shares during the period. JPMorgan Chase & Co. owned approximately 1.64% of TrueShares Structured Outcome (January) ETF worth $397,000 as of its most recent SEC filing.

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.