AE Wealth Management LLC Takes $236,000 Position in AdvisorShares STAR Global Buy-Write ETF (NYSEARCA:VEGA)

AE Wealth Management LLC bought a new position in AdvisorShares STAR Global Buy-Write ETF (NYSEARCA:VEGA) during the second quarter, according to its most recent filing with the SEC. The firm bought 5,627 shares of the company’s stock, valued at approximately $236,000. AE Wealth Management LLC owned approximately 0.39% of AdvisorShares STAR Global Buy-Write ETF as of its most recent SEC filing.

Separately, CreativeOne Wealth LLC purchased a new position in shares of AdvisorShares STAR Global Buy-Write ETF during the first quarter valued at approximately $55,664,000.

AdvisorShares STAR Global Buy-Write ETF Trading Down 0.4 %

NYSEARCA VEGA opened at $43.70 on Friday. The business has a fifty day simple moving average of $42.68 and a 200 day simple moving average of $41.73. AdvisorShares STAR Global Buy-Write ETF has a 12 month low of $34.68 and a 12 month high of $43.98. The firm has a market capitalization of $62.50 million, a P/E ratio of 19.45 and a beta of 0.65.

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.