Aptus Defined Risk ETF (BATS:DRSK) Shares Up 0.1%

Aptus Defined Risk ETF (BATS:DRSK) shares shot up 0.1% during mid-day trading on Wednesday . The company traded as high as $28.15 and last traded at $28.02. 82,035 shares were traded during mid-day trading, The stock had previously closed at $28.00.

Aptus Defined Risk ETF Stock Performance

The company’s 50-day moving average price is $27.54 and its 200 day moving average price is $26.83. The stock has a market cap of $554.40 million, a PE ratio of 1.33 and a beta of 0.51.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sugarloaf Wealth Management LLC increased its position in shares of Aptus Defined Risk ETF by 1.2% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 2,308,627 shares of the company’s stock valued at $62,402,000 after purchasing an additional 27,769 shares during the last quarter. Park Place Capital Corp lifted its position in shares of Aptus Defined Risk ETF by 84.3% during the 2nd quarter. Park Place Capital Corp now owns 332,443 shares of the company’s stock worth $8,986,000 after purchasing an additional 152,056 shares during the last quarter. Finally, ORG Partners LLC acquired a new position in shares of Aptus Defined Risk ETF during the second quarter worth $20,940,000.

Aptus Defined Risk ETF Company Profile

The Aptus Defined Risk ETF (DRSK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that combines US corporate bond exposure with an overlay of call options on US large-cap stocks. The fund seeks income and capital appreciation. DRSK was launched on Aug 8, 2018 and is managed by Aptus.