Aptus Defined Risk ETF (BATS:DRSK) Trading 2.5% Higher – What’s Next?

Aptus Defined Risk ETF (BATS:DRSK)’s stock price was up 2.5% on Monday . The stock traded as high as $29.05 and last traded at $29.6850. Approximately 130,127 shares traded hands during trading, a decline of 32% from the average daily volume of 192,343 shares. The stock had previously closed at $28.96.

Aptus Defined Risk ETF Stock Performance

The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37. The company has a 50-day simple moving average of $29.18 and a two-hundred day simple moving average of $28.53.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC boosted its stake in shares of Aptus Defined Risk ETF by 4.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,455,948 shares of the company’s stock worth $121,514,000 after acquiring an additional 205,712 shares during the period. Waterloo Capital L.P. increased its holdings in shares of Aptus Defined Risk ETF by 10.0% during the 2nd quarter. Waterloo Capital L.P. now owns 696,714 shares of the company’s stock worth $20,024,000 after acquiring an additional 63,408 shares during the last quarter. Park Place Capital Corp increased its holdings in shares of Aptus Defined Risk ETF by 6.6% during the 3rd quarter. Park Place Capital Corp now owns 604,699 shares of the company’s stock worth $17,433,000 after acquiring an additional 37,222 shares during the last quarter. Pandora Wealth Inc. increased its holdings in shares of Aptus Defined Risk ETF by 33.7% during the 3rd quarter. Pandora Wealth Inc. now owns 369,713 shares of the company’s stock worth $10,659,000 after acquiring an additional 93,209 shares during the last quarter. Finally, Virtue Capital Management LLC increased its holdings in shares of Aptus Defined Risk ETF by 3.9% during the 2nd quarter. Virtue Capital Management LLC now owns 10,800 shares of the company’s stock worth $310,000 after acquiring an additional 407 shares during the last quarter.

About Aptus Defined Risk ETF

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.