Aptus Collared Investment Opportunity ETF (BATS:ACIO) Sets New 12-Month High – Still a Buy?

Aptus Collared Investment Opportunity ETF (BATS:ACIO) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $45.70 and last traded at $45.69, with a volume of 491 shares trading hands. The stock had previously closed at $45.19.

Aptus Collared Investment Opportunity ETF Stock Performance

The stock has a 50-day simple moving average of $43.47 and a two-hundred day simple moving average of $43.68. The firm has a market cap of $2.17 billion, a PE ratio of 25.77 and a beta of 0.65.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC boosted its stake in shares of Aptus Collared Investment Opportunity ETF by 10.2% during the 1st quarter. Parallel Advisors LLC now owns 8,410 shares of the company’s stock worth $353,000 after acquiring an additional 779 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Aptus Collared Investment Opportunity ETF during the 1st quarter valued at about $364,000. Advisors Preferred LLC grew its stake in shares of Aptus Collared Investment Opportunity ETF by 1,078.5% during the 1st quarter. Advisors Preferred LLC now owns 1,532 shares of the company’s stock valued at $64,000 after acquiring an additional 1,402 shares during the period. Virtue Capital Management LLC increased its stake in shares of Aptus Collared Investment Opportunity ETF by 922.1% in the fourth quarter. Virtue Capital Management LLC now owns 8,494 shares of the company’s stock worth $371,000 after purchasing an additional 7,663 shares in the last quarter. Finally, Advisory Services Network LLC raised its stake in Aptus Collared Investment Opportunity ETF by 7.5% during the 4th quarter. Advisory Services Network LLC now owns 1,039,861 shares of the company’s stock valued at $45,442,000 after purchasing an additional 72,522 shares during the period.

About Aptus Collared Investment Opportunity ETF

The Aptus Collared Income Opportunity ETF (ACIO) is an exchange-traded fund that is based on the NYSE Multi-Asset High Income index. The fund is an actively-managed portfolio of US large cap equities as well as corresponding options collars for those constituents. ACIO was launched on Jul 10, 2019 and is managed by Aptus.