TrueShares Structured Outcome (January) ETF (BATS:JANZ) Stock Price Up 3.2% – Time to Buy?

TrueShares Structured Outcome (January) ETF (BATS:JANZ)’s share price shot up 3.2% during trading on Thursday . The company traded as high as $36.52 and last traded at $37.7850. 9,179 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 9,582 shares. The stock had previously closed at $36.5969.

TrueShares Structured Outcome (January) ETF Stock Performance

The business’s fifty day moving average price is $38.45 and its two-hundred day moving average price is $37.82. The firm has a market capitalization of $25.69 million, a P/E ratio of 24.18 and a beta of 0.76.

TrueShares Structured Outcome (January) ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were issued a dividend of $0.5414 per share. This represents a dividend yield of 141.0%. The ex-dividend date was Wednesday, December 24th.

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 its most recent disclosure with the SEC. The fund owned 11,126 shares of the company’s stock after acquiring an additional 11,116 shares during the period. JPMorgan Chase & Co. owned approximately 1.64% of TrueShares Structured Outcome (January) ETF worth $397,000 at the end of the most recent quarter.

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.