Aptus Defined Risk ETF (BATS:DRSK) Trading 0.2% Higher – What’s Next?

Aptus Defined Risk ETF (BATS:DRSK) shares were up 0.2% on Friday . The stock traded as high as $28.10 and last traded at $28.03. Approximately 280,361 shares changed hands during mid-day trading, an increase of 60% from the average daily volume of 175,737 shares. The stock had previously closed at $27.97.

Aptus Defined Risk ETF Trading Up 0.2%

The business’s fifty day simple moving average is $28.46 and its two-hundred day simple moving average is $28.88. The stock has a market capitalization of $1.24 billion, a P/E ratio of 26.47 and a beta of 0.37.

Hedge Funds Weigh In On Aptus Defined Risk ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Trust Co. NA bought a new stake in shares of Aptus Defined Risk ETF in the 3rd quarter worth approximately $47,000. Princeton Global Asset Management LLC acquired a new position in shares of Aptus Defined Risk ETF in the fourth quarter valued at $118,000. Virtue Capital Management LLC lifted its position in Aptus Defined Risk ETF by 2,572.8% in the fourth quarter. Virtue Capital Management LLC now owns 10,531 shares of the company’s stock worth $299,000 after purchasing an additional 10,137 shares during the period. Parallel Advisors LLC boosted its stake in Aptus Defined Risk ETF by 1,649.6% during the third quarter. Parallel Advisors LLC now owns 15,134 shares of the company’s stock worth $436,000 after buying an additional 14,269 shares in the last quarter. Finally, Pandora Wealth Inc. increased its holdings in Aptus Defined Risk ETF by 33.7% in the 3rd quarter. Pandora Wealth Inc. now owns 369,713 shares of the company’s stock valued at $10,659,000 after buying an additional 93,209 shares during the period.

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.