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Obra Opportunistic Structured Products ETF Surpasses $100 Million in Assets
Globe Newswire (Mon, 16-Mar 8:00 AM ET)
Obra Opportunistic Structured Products ETF (the "Fund") seeks income and capital preservation. As an actively managed exchange-traded fund ("ETF"), the Fund will not seek to replicate the performance of an index. The Fund intends to achieve its investment objective by investing primarily in securitized asset instruments, which are also referred to as "structured products." Structured products are pre-packaged investments that normally include assets linked to interest or one or more derivatives, which may use leverage. The universe of structured products in the market include, but are not limited to, asset-backed securities (ABS), including private and multi-class structures, pass-through certificates, other instruments secured by financial, physical, and/or intangible assets (i.e., receivables or pools of receivables), tranches of collateralized debt obligations(CDOs), collateralized mortgage obligations (CMOs), collateralized loan obligations (CLOs), agency and nonagency mortgage-backed securities (MBS), such as commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities (RMBS).
Obra Opportunistic Structured Products ETF trades on the ARCA stock market under the symbol OOSP.
As of April 10, 2026, OOSP stock price was flat at $10.15 with 23 million shares trading.
OOSP has a beta of 0.02, meaning it tends to be less sensitive to market movements. OOSP has a correlation of 0.04 to the broad based SPY ETF.
OOSP has a market cap of $150.75 million. This is considered a Micro Cap stock.
OOSP has underperformed the market in the last year with a price return of +7.2% while the SPY ETF gained +30.9%. However, in the short term, OOSP had mixed performance relative to the market. It has outperformed in the last 3 months, returning +1.2% vs -1.8% return in SPY. But in the last 2 weeks, OOSP shares have been beat by the market, returning +1.0% compared to an SPY return of +7.2%.
OOSP support price is $10.10 and resistance is $10.19 (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 OOSP shares will trade within this expected range on the day.