TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Trading Up 0.7% – Here’s What Happened

Shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) were up 0.7% during mid-day trading on Monday . The stock traded as high as $44.05 and last traded at $44.05. Approximately 221 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 1,457 shares. The stock had previously closed at $43.74.

TrueShares Structured Outcome (November) ETF Trading Up 0.7%

The firm has a market cap of $32.60 million, a price-to-earnings ratio of 24.25 and a beta of 0.76. The company has a fifty day moving average price of $43.43 and a 200-day moving average price of $44.30.

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 stake in TrueShares Structured Outcome (November) ETF (BATS:NOVZ) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,488 shares of the company’s stock, valued at approximately $146,000. JPMorgan Chase & Co. owned approximately 0.47% of TrueShares Structured Outcome (November) ETF as of its most recent SEC filing.

About TrueShares Structured Outcome (November) ETF

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.