TrueShares Structured Outcome (February) ETF (FEBZ)
TrueShares Structured Outcome (February) ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $41.30, up 0.20% on the session, giving a market capitalisation of $14.6M. Its beta of 0.73 implies it has historically moved less than the broad market.
The TrueShares Structured Outcome (February) ETF is an actively managed fund designed to fulfill its investment mandate by allocating substantially all of its assets to options contracts tied to the S&P 500 Price Index. Its strategy involves systematically purchasing call options and concurrently selling put options. These derivatives, which are based on either the S&P 500 Index itself or an exchange-traded fund that tracks its performance, are acquired on a specific "Initial Investment Day" and are set to expire on the next designated "Roll Date." Furthermore, the fund is classified as non-diversified.
TrueShares Structured Outcome (February) ETF is most often compared with the following Financial Services names: