Aptus Defined Risk ETF (BATS:DRSK) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Aptus Defined Risk ETF (BATS:DRSK) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $27.52 and traded as high as $28.68. Aptus Defined Risk ETF shares last traded at $27.61, with a volume of 131,612 shares trading hands.

Aptus Defined Risk ETF Trading Up 0.0 %

The company has a market cap of $546.88 million, a PE ratio of 1.33 and a beta of 0.51. The business’s 50-day simple moving average is $28.09 and its 200-day simple moving average is $27.54.

Institutional Investors Weigh In On Aptus Defined Risk ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DRSK. Private Trust Co. NA raised its holdings in Aptus Defined Risk ETF by 507.1% during the third quarter. Private Trust Co. NA now owns 8,500 shares of the company’s stock valued at $241,000 after buying an additional 7,100 shares in the last quarter. Maripau Wealth Management LLC boosted its position in Aptus Defined Risk ETF by 59.0% during the third quarter. Maripau Wealth Management LLC now owns 81,394 shares of the company’s stock worth $2,303,000 after purchasing an additional 30,202 shares during the period. United Advisor Group LLC grew its holdings in Aptus Defined Risk ETF by 27.6% during the third quarter. United Advisor Group LLC now owns 178,307 shares of the company’s stock valued at $5,046,000 after purchasing an additional 38,586 shares during the last quarter. Park Place Capital Corp lifted its stake in shares of Aptus Defined Risk ETF by 84.3% in the second quarter. Park Place Capital Corp now owns 332,443 shares of the company’s stock worth $8,986,000 after buying an additional 152,056 shares during the last quarter. Finally, ORG Partners LLC bought a new stake in shares of Aptus Defined Risk ETF during the 2nd 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.