TrueShares Structured Outcome (August) ETF (AUGZ)
TrueShares Structured Outcome (August) ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $46.38, up 0.23% on the session, giving a market capitalisation of $28.6M. Its beta of 0.75 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund endeavors to meet its investment objective by substantially committing its capital to derivative contracts referencing the S&P 500 Price Index. Its strategy involves purchasing call options and concurrently selling put options, which are written on the S&P 500 Price Index or an associated tracking ETF. These positions are established on each 'Initial Investment Day' and are slated to expire on the subsequent 'Roll Date'. Notably, the fund operates as a non-diversified entity.
TrueShares Structured Outcome (August) ETF is most often compared with the following Financial Services names: