1,760 Shares in AdvisorShares STAR Global Buy-Write ETF (NYSEARCA:VEGA) Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. bought a new position in shares of AdvisorShares STAR Global Buy-Write ETF (NYSEARCA:VEGA) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,760 shares of the company’s stock, valued at approximately $76,000. JPMorgan Chase & Co. owned about 0.12% of AdvisorShares STAR Global Buy-Write ETF at the end of the most recent reporting period.

AdvisorShares STAR Global Buy-Write ETF Stock Performance

NYSEARCA:VEGA opened at $43.34 on Wednesday. The company has a 50-day moving average of $42.57 and a 200-day moving average of $43.53. The company has a market capitalization of $61.98 million, a price-to-earnings ratio of 21.14 and a beta of 0.70. AdvisorShares STAR Global Buy-Write ETF has a 52 week low of $39.10 and a 52 week high of $45.19.

AdvisorShares STAR Global Buy-Write ETF Profile

The AdvisorShares STAR Global Buy-Write ETF (VEGA) is an exchange-traded fund that is based on the Benchmark for VEGA Fund index. The fund is an actively managed fund-of-funds that aims for consistent returns in part by writing call options on its underlying securities. Long puts are used to hedge downside risk.