Aptus Defined Risk ETF (BATS:DRSK) Stock Price Down 0.3% – Here’s What Happened

Shares of Aptus Defined Risk ETF (BATS:DRSK) were down 0.3% during mid-day trading on Friday . The company traded as low as $27.53 and last traded at $27.56. Approximately 106,458 shares changed hands during trading, a decline of 33% from the average daily volume of 158,818 shares. The stock had previously closed at $27.63.

Aptus Defined Risk ETF Trading Down 0.3%

The firm has a market cap of $1.21 billion, a PE ratio of 26.47 and a beta of 0.37. The company has a 50 day moving average price of $28.23 and a 200 day moving average price of $28.80.

Institutional Trading of Aptus Defined Risk ETF

A number of institutional investors have recently bought and sold shares of the company. Virtue Capital Management LLC grew its holdings 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 valued at $299,000 after purchasing an additional 10,137 shares during the last quarter. Advisory Services Network LLC increased its position in shares of Aptus Defined Risk ETF by 4.5% in the fourth quarter. Advisory Services Network LLC now owns 797,323 shares of the company’s stock valued at $22,700,000 after buying an additional 34,007 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Aptus Defined Risk ETF by 3.7% during the 4th quarter. Parallel Advisors LLC now owns 15,699 shares of the company’s stock worth $447,000 after buying an additional 565 shares during the last quarter. Pandora Wealth Inc. raised its stake in shares of Aptus Defined Risk ETF by 1.0% during the 4th quarter. Pandora Wealth Inc. now owns 373,268 shares of the company’s stock worth $10,627,000 after buying an additional 3,555 shares during the last quarter. Finally, Private Trust Co. NA boosted its position in shares of Aptus Defined Risk ETF by 129.7% in the 4th quarter. Private Trust Co. NA now owns 3,733 shares of the company’s stock worth $106,000 after buying an additional 2,108 shares in 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.