TrueShares Structured Outcome (February) ETF (BATS:FEBZ) Shares Up 0.4% – Should You Buy?

Shares of TrueShares Structured Outcome (February) ETF (BATS:FEBZ) were up 0.4% on Wednesday . The stock traded as high as $33.30 and last traded at $33.30. Approximately 719 shares traded hands during trading, a decline of 39% from the average daily volume of 1,173 shares. The stock had previously closed at $33.18.

TrueShares Structured Outcome (February) ETF Price Performance

The business has a 50 day simple moving average of $34.81 and a 200-day simple moving average of $35.22. The stock has a market capitalization of $7.99 million, a price-to-earnings ratio of 24.71 and a beta of 0.72.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in TrueShares Structured Outcome (February) ETF stock. OLD Mission Capital LLC increased its stake in TrueShares Structured Outcome (February) ETF (BATS:FEBZ) by 22.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 46,475 shares of the company’s stock after purchasing an additional 8,525 shares during the period. OLD Mission Capital LLC owned approximately 24.46% of TrueShares Structured Outcome (February) ETF worth $1,598,000 as of its most recent filing with the Securities and Exchange Commission.

About TrueShares Structured Outcome (February) ETF

The TrueShares Structured Outcome (February) ETF (FEBZ) is an exchange-traded fund that is based on the S&P 500 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.