CreativeOne Wealth LLC Takes Position in AdvisorShares STAR Global Buy-Write ETF (NYSEARCA:VEGA)

CreativeOne Wealth LLC bought a new position in shares of AdvisorShares STAR Global Buy-Write ETF (NYSEARCA:VEGA) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,365,964 shares of the company’s stock, valued at approximately $59,596,000. AdvisorShares STAR Global Buy-Write ETF comprises about 2.0% of CreativeOne Wealth LLC’s portfolio, making the stock its 5th biggest holding. CreativeOne Wealth LLC owned about 95.52% of AdvisorShares STAR Global Buy-Write ETF as of its most recent SEC filing.

Separately, AE Wealth Management LLC bought a new position in AdvisorShares STAR Global Buy-Write ETF in the 2nd quarter valued at about $236,000.

AdvisorShares STAR Global Buy-Write ETF Price Performance

VEGA opened at $44.27 on Wednesday. The business has a fifty day simple moving average of $43.77 and a 200 day simple moving average of $42.70. AdvisorShares STAR Global Buy-Write ETF has a 1 year low of $37.54 and a 1 year high of $44.50. The company has a market capitalization of $63.31 million, a PE ratio of 19.45 and a beta of 0.65.

AdvisorShares STAR Global Buy-Write ETF Company Profile

The AdvisorShares STAR Global Buy-Write ETF (VEGA) is an exchange-traded fund that is based on the Benchmark for VEGA Fund index. The fund is an actively managed fund-of-funds that aims for consistent returns in part by writing call options on its underlying securities. Long puts are used to hedge downside risk.