TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Shares Down 1.1% – Should You Sell?

TrueShares Structured Outcome (November) ETF (BATS:NOVZGet Free Report) were down 1.1% on Friday . The stock traded as low as $42.28 and last traded at $42.31. Approximately 1,697 shares changed hands during trading, a decline of 3% from the average daily volume of 1,757 shares. The stock had previously closed at $42.79.

TrueShares Structured Outcome (November) ETF Trading Down 1.1%

The stock has a market capitalization of $31.31 million, a price-to-earnings ratio of 24.25 and a beta of 0.76. The business has a 50 day simple moving average of $43.91 and a 200-day simple moving average of $44.42.

TrueShares Structured Outcome (November) ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were given a $1.5719 dividend. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a dividend yield of 355.0%.

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

A hedge fund recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. JPMorgan Chase & Co. purchased a new position in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,488 shares of the company’s stock, valued at approximately $146,000. JPMorgan Chase & Co. owned about 0.47% of TrueShares Structured Outcome (November) ETF at the end of the most recent reporting period.

About TrueShares Structured Outcome (November) ETF

(Get Free Report)

The TrueShares Structured Outcome (November) ETF (NOVZ) is an exchange-traded fund that is based on the S&P 500 Price index. 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. NOVZ was launched on Oct 30, 2020 and is managed by TrueShares.

Recommended Stories

Receive News & Ratings for TrueShares Structured Outcome (November) ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TrueShares Structured Outcome (November) ETF and related companies with MarketBeat.com's FREE daily email newsletter.