TrueShares Structured Outcome (April) ETF (APRZ)
TrueShares Structured Outcome (April) ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $40.92, up 0.23% on the session, giving a market capitalisation of $17.6M. Its beta of 0.77 implies it has historically moved less than the broad market.
As an actively managed exchange-traded fund, this vehicle endeavors to reach its financial targets by channeling the vast majority of its capital into options linked to an underlying index. Its methodology entails purchasing call options and simultaneously issuing put options, with these contracts written either directly on the index or on an ETF designed to track it. These transactions are initiated on designated "Initial Investment Days" and are structured to expire by the next "Roll Date." It is classified as a non-diversified fund.
TrueShares Structured Outcome (April) ETF is most often compared with the following Financial Services names: