TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Shares Down 0.2% – Here’s Why

TrueShares Structured Outcome (November) ETF (BATS:NOVZ)’s stock price traded down 0.2% during mid-day trading on Monday . The stock traded as low as $46.75 and last traded at $46.75. Approximately 168 shares were traded during mid-day trading, a decline of 94% from the average session volume of 2,917 shares. The stock had previously closed at $46.86.

TrueShares Structured Outcome (November) ETF Price Performance

The business has a fifty day moving average price of $46.96 and a 200 day moving average price of $45.09. The company has a market capitalization of $34.79 million, a price-to-earnings ratio of 24.25 and a beta of 0.76.

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:NOVZ) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 at the end of the most recent quarter.

TrueShares Structured Outcome (November) ETF Company Profile

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.