PVEX TrueShares ConVequity ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

PVEX — —
Key stats
About

TrueShares ConVequity ETF (PVEX) ETF

No description available.

Exchange
BATS
Inception
2025-06-27
Has Options
No
Fund profile
holdings as of Apr 30, 2026SEC filingthrough Jul 2026flows, SEC filings
US Equity US Equity (Other)#12 of 27 by assets TrueShares US Actively managed
Expense ratio
0.82%
prospectus, filed Feb 27, 2026
Assets
$54M
SEC filing, Apr 30, 2026
Trailing yield
0.17%
paid annual
Average daily volume
$160K
30 sessions
Holdings
70
top 10 are 90.1%
Listed
Jun 27, 2025
Cboe BZX
Last fee change
+3 bp
filed Feb 27, 2026
Closure risk, 12 months
5.1%
low: trading volume, age · model
FrenzyCap ETF score
11
how it is built
Cost11
Liquidity7
Scale16
Diversification9

Moves with. US large-cap stocks (84% of its variance, beta 0.95); Value over growth (3% of its variance, beta -0.04). These factors explain 85% of its daily moves over the last year.

Stated objective. The investment objective of TrueShares ConVequity ETF (the Fund) is capital appreciation with the potential for lower volatility relative to the broader U.S. large cap equity market. (from the fund's prospectus)

All 70 holdingsFlow historyOverlap toolAll US Equity (Other) ETFs

Fund flows
through Jul 2026SEC filings
Jul 2026
−$1.5M
latest reported month
Latest 3 months
+$53K
+0.1% of assets
Latest 12 months
+$51M
+92.1% of assets
Aug 2025: +$1.0MSep 2025: −$276KSepOct 2025: +$1.4MNov 2025: +$283KNovDec 2025: +$43M+$43MJan 2026: +$2.3MJanFeb 2026: +$2.0MMar 2026: +$565KMarApr 2026: +$1.2MMay 2026: +$1.3MMayJun 2026: +$310KJul 2026: −$1.5M−$1.5MJul
View as a table
Net flows of PVEX by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026−$1.5M
Jun 2026+$310K
May 2026+$1.3M
Apr 2026+$1.2M
Mar 2026+$565K
Feb 2026+$2.0M
Jan 2026+$2.3M
Dec 2025+$43M
Nov 2025+$283K
Oct 2025+$1.4M
Sep 2025−$276K
Aug 2025+$1.0M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 15 months ago

Similar funds
FundOverlapFeeAssets1Y
FVFirst Trust Dorsey Wright Focus 5 ETF—0.89%$3.9B+20.7%compare
AVGEAvantis All Equity Markets ETF—0.23%$1.3B+18.6%compare
HEZUiShares Currency Hedged MSCI Eurozone ETF of ISHARES TRUST—0.53%$420M+11.0%compare
TRTYCambria Trinity ETF—0.46%$286M+12.6%compare
MPROMonarch ProCap Index ETF—1.03%$256M+5.3%compare

The largest other funds in the US Equity (Other) category.

Look-through: what the holdings say
weights as of Apr 30, 2026SEC filing
Insider buying
0%
of weight had net insider buying, 90 days; 0% net selling
13F holders
+2.2%
change in shares held by institutions, latest quarter
Reporting earnings
0.0%
of weight in 7 days; 0.0% in 14

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Jan 31, 2026 → Apr 30, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
New positionTRADAPEX Tech Acquisition Inc—3.57%—
New positionXFLHXFLH Capital Corp—1.29%—
New positionFERAFifth Era Acquisition Corp I—0.95%—
New positionITHAITHAX Acquisition Corp III—0.91%—
New positionKTWOK2 Capital Acquisition Corp—0.91%—
New positionRFAMRF Acquisition Corp III—0.90%—
New positionLKSPLake Superior Acquisition Corp—0.72%—
New positionDRDBRoman DBDR Acquisition Corp II—0.58%—
New positionSSACSPACSphere Acquisition Corp—0.47%—
New positionNPACNew Providence Acquisition Cor—0.28%—

11 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 23.7%. Full holdings and history

Under the hood
fiscal year to Oct 31, 2025SEC census
Authorized participants
3 active
of 3 with agreements; top 3 did 100%
Created · redeemed
$3.2M · $276K
over the fiscal year
Redemptions in kind
-0%
creations 0% in kind
Creation unit
10,000
shares
Securities lending
not authorized
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-04-30
Holdings
70
AUM
$54.5M
Provider
Nport
Inception
2025-06-27
Exchange
BATS
Data As Of
2026-04-30
Expense Ratio
0.82%
Dividend Yield
0.17%
Distribution
Annual
Recent distributions
Ex-Date Pay Date Amount Type
2025-12-24 2025-12-26 $0.0537 CD
Asset Allocation
Top Holdings
top 50 of 70 holdings
Symbol Name Weight % Asset Class Country
SPSB State Street SPDR Portfolio Sh 31.56% Equity (common) US
— Treasury Bill 10.64% Debt US
— Treasury Bill 10.55% Debt US
— Treasury Bill 10.46% Debt US
— Treasury Bill 10.34% Debt US
JAAA Janus Henderson AAA CLO ETF 6.69% Equity (common) US
TRAD APEX Tech Acquisition Inc 3.57% Equity (common) KY
— The Options Clearing Corp 2.70% Derivative (equity) US
— The Options Clearing Corp 1.99% Derivative (equity) US
— The Options Clearing Corp 1.63% Derivative (equity) US
— STATE STREET INSTITUTIONAL US 1.42% Short-term investment US
XFLH XFLH Capital Corp 1.29% Equity (common) KY
FERA Fifth Era Acquisition Corp I 0.95% Equity (common) KY
ITHA ITHAX Acquisition Corp III 0.91% Equity (common) KY
KTWO K2 Capital Acquisition Corp 0.91% Equity (common) KY
RFAM RF Acquisition Corp III 0.90% Equity (common) KY
— The Options Clearing Corp 0.88% Derivative (equity) US
LKSP Lake Superior Acquisition Corp 0.72% Equity (common) VG
DRDB Roman DBDR Acquisition Corp II 0.58% Equity (common) KY
— The Options Clearing Corp 0.54% Derivative (equity) US
SSAC SPACSphere Acquisition Corp 0.47% Equity (common) KY
— The Options Clearing Corp 0.37% Derivative (equity) US
— The Options Clearing Corp 0.30% Derivative (equity) US
NPAC New Providence Acquisition Cor 0.28% Equity (common) KY
GLED GalaxyEdge Acquisition Corp 0.21% Equity (common) KY
— The Options Clearing Corp 0.16% Derivative (equity) US
— The Options Clearing Corp 0.09% Derivative (equity) US
— The Options Clearing Corp 0.03% Derivative (equity) US
— The Options Clearing Corp 0.02% Derivative (equity) US
— The Options Clearing Corp 0.02% Derivative (equity) US
— The Options Clearing Corp 0.02% Derivative (equity) US
— The Options Clearing Corp 0.02% Derivative (equity) US
— The Options Clearing Corp 0.01% Derivative (equity) US
— The Options Clearing Corp 0.01% Derivative (equity) US
— The Options Clearing Corp 0.01% Derivative (equity) US
— The Options Clearing Corp 0.01% Derivative (equity) US
— The Options Clearing Corp 0.01% Derivative (equity) US
— The Options Clearing Corp 0.01% Derivative (equity) US
— The Options Clearing Corp 0.01% Derivative (equity) US
— The Options Clearing Corp 0.01% Derivative (equity) US
— The Options Clearing Corp 0.01% Derivative (equity) US
— The Options Clearing Corp 0.01% Derivative (equity) US
— The Options Clearing Corp 0.00% Derivative (equity) US
— The Options Clearing Corp 0.00% Derivative (equity) US
— The Options Clearing Corp 0.00% Derivative (equity) US
— The Options Clearing Corp 0.00% Derivative (equity) US
— The Options Clearing Corp 0.00% Derivative (equity) US
— The Options Clearing Corp 0.00% Derivative (equity) US
— The Options Clearing Corp 0.00% Derivative (equity) US
— The Options Clearing Corp 0.00% Derivative (equity) US
Geographic Breakdown
Non-Equity Breakdown
TrueShares ConVequity ETF · NPORT-P period 2026-04-30 (filed 2026-06-29)
Net assets: $54M · 70 total positions · equity 49.04% · non-equity 50.96%
Non-equity holdings — 57 positions, 50.96% of NAV
Category Weight Value Positions
US Treasury 42.00% $22.9M 4
Derivative (equity) 7.54% $4.1M 52
Short-term investment 1.42% $773228 1
Chart
Seasonality
'25'26Avg
Jan--0.88%0.88%
Feb---1.22%-1.22%
Mar---3.31%-3.31%
Apr--7.79%7.79%
May--4.61%4.61%
Jun0.00%-2.11%-1.05%
Jul4.10%-0.87%1.61%
Aug5.95%0.75%3.35%
Sep7.62%-0.01%3.81%
Oct2.19%0.63%*1.41%
Nov-0.81%---0.81%
Dec-0.25%---0.25%
Total20.01%6.88%13.45%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $31.05
SMA 50: $31.04
SMA 200: $29.81
Current: $30.65
EMA 12: $30.98
EMA 26: $31.01
MACD: -0.0277 | Signal: -0.0571
BULLISH
ADX (14): 20.15
WEAK TREND
+DI: 23.37
−DI: 41.61

Momentum Oscillators

RSI (14): 43.45
NEUTRAL
Stoch %K: 39.15
Stoch %D: 42.82
Williams %R: -80.99

Volume & Volatility

BB Upper: $31.65
BB Lower: $30.45
NEUTRAL
OBV: 1,620,857
Vol SMA 20: 5,936
Vol ROC: 186.68%
ATR: $0.37
True Range: $0.52
HV 20: 12.9%
HV 30: 14.1%
HV 60: 14.5%

Data Summary

Data Points: 331
Last Updated:
Date Range: 2025-06-30T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All PVEX news →

PVEX Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.9543
Alpha: -3.73%
Correlation: 0.9179
R-Squared: 84.2%
Stock Volatility: 13.3%
Market Volatility: 12.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time

PVEX Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

6 filers1,855,816 shares$56.75M value
# Filer Shares Value % of Total % of Float Period
1 AE Wealth Management LLC Custodian 1,822,243 $55.72M 98.19% — 2026-06-30
2 Mid-American Wealth Advisory Group, Inc. 20,508 $627.08K 1.11% — 2026-06-30
3 Jane Street Group, LLC Custodian 11,806 $360.99K 0.64% — 2026-06-30
4 UBS Group AG Custodian 707 $21.62K 0.04% — 2026-06-30
5 Mosley Wealth Management 533 $16.55K 0.03% — 2026-09-30
6 Kingdom Financial Group LLC. 19 $581 <0.01% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
PVEX Constituent Performance

Click any bar to view the full quote for that stock.

PVEX Constituents (13 of 13)
Symbol Name Weight % Price 1 Day 1 Week 1 Month
SPSB State Street SPDR Portfolio Sh 31.56% $29.7 +0.25%+0.22%+0.39%
JAAA Janus Henderson AAA CLO ETF 6.69% $50.6 +0.00%+0.06%-0.18%
TRAD APEX Tech Acquisition Inc 3.57% $10.07 +0.00%-0.10%+0.50%
XFLH XFLH Capital Corp 1.29% $10.21 +0.00%-6.16%+2.10%
FERA Fifth Era Acquisition Corp I 0.95% $10.56 -0.19%+0.05%+0.38%
ITHA ITHAX Acquisition Corp III 0.91% $10.11 +0.40%+0.40%+0.60%
KTWO K2 Capital Acquisition Corp 0.91% $10.12 +0.15%+0.50%+0.30%
RFAM RF Acquisition Corp III 0.90% $9.98 +0.00%-0.20%-0.20%
LKSP Lake Superior Acquisition Corp 0.72% $10.28 +0.00%+0.10%+0.59%
DRDB Roman DBDR Acquisition Corp II 0.58% $10.73 -0.14%-0.09%+0.47%
SSAC SPACSphere Acquisition Corp 0.47% $10.13 +0.00%-0.10%+0.30%
NPAC New Providence Acquisition Cor 0.28% $10.53 -0.05%+0.14%+0.53%
GLED GalaxyEdge Acquisition Corp 0.21% $10.1 +0.06%+0.36%+0.66%