KHPI Stock Summary and Trading Ideas (Managed Portfolio Series Kensington Hedged Premium Income ETF | BATS:KHPI)

The Kensington Hedged Premium Income ETF (the "Fund") seeks current income with the potential for capital appreciation. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by gaining exposure to the S&P 500 Index (the "S&P 500"). The foundation of the Fund's strategy involves buying shares of one or more cost-effective ETFs that track the S&P 500, providing direct exposure to the broad market's performance. The Fund simultaneously implements a monthly call option strategy to generate income and a quarterly put option strategy to protect against large declines in the S&P 500. In strategically buying and selling put and call options on the S&P 500, the Fund seeks to provide a partial buffer against market downturns, as well as provide additional income in flat to down markets, but resulting in lower upside potential during strong market rallies. In implementing its strategy, the Fund employs a methodology similar the MerQube Hedged Premium Income Index (the "MQKHPI"). The MQKHPI aims to generate income from selling call spreads while providing downside protection through the purchase of put spreads, maintaining exposure to the U.S. large-cap equity market.

Managed Portfolio Series Kensington Hedged Premium Income ETF trades on the BATS stock market under the symbol KHPI.

As of December 13, 2024, KHPI stock price declined to $25.65 with 16,056 million shares trading.

KHPI has a beta of 0.52, meaning it tends to be less sensitive to market movements. KHPI has a correlation of 0.87 to the broad based SPY ETF.

KHPI has a market cap of $50.53 million. This is considered a Micro Cap stock.

KHPI support price is $25.53 and resistance is $25.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KHPI shares will trade within this expected range on the day.