OLD Mission Capital LLC Invests $397,000 in AdvisorShares STAR Global Buy-Write ETF $VEGA

OLD Mission Capital LLC bought a new position in shares of AdvisorShares STAR Global Buy-Write ETF (NYSEARCA:VEGA) during the first quarter, Holdings Channel.com reports. The firm bought 9,231 shares of the company’s stock, valued at approximately $397,000.

Separately, JPMorgan Chase & Co. acquired a new position in AdvisorShares STAR Global Buy-Write ETF in the fourth quarter valued at approximately $76,000.

AdvisorShares STAR Global Buy-Write ETF Price Performance

Shares of NYSEARCA VEGA opened at $47.37 on Thursday. The company’s 50 day simple moving average is $46.72 and its 200 day simple moving average is $44.62. AdvisorShares STAR Global Buy-Write ETF has a fifty-two week low of $39.10 and a fifty-two week high of $48.32. The firm has a market capitalization of $67.74 million, a P/E ratio of 21.93 and a beta of 0.70.

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.