TrueShares Structured Outcome (September) ETF (SEPZ)
TrueShares Structured Outcome (September) ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $46.55, up 0.53% on the session, giving a market capitalisation of $129.5M. Its beta of 0.71 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) endeavors to meet its investment objectives predominantly by committing most of its capital to options contracts that derive their value from the S&P 500 Price Index. Its core strategy involves simultaneously purchasing call options and selling put options. These options utilize either the S&P 500 index itself or an ETF tracking the index as their underlying asset. These positions are initiated on each "Initial Investment Day" and are set to mature on the following "Roll Date." The fund is classified as non-diversified.
TrueShares Structured Outcome (September) ETF is most often compared with the following Financial Services names: