Waterloo Capital L.P. Sells 26,564 Shares of Aptus Defined Risk ETF $DRSK

Waterloo Capital L.P. lessened its stake in Aptus Defined Risk ETF (BATS:DRSK) by 3.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 679,415 shares of the company’s stock after selling 26,564 shares during the period. Aptus Defined Risk ETF comprises about 1.4% of Waterloo Capital L.P.’s investment portfolio, making the stock its 15th largest position. Waterloo Capital L.P.’s holdings in Aptus Defined Risk ETF were worth $19,343,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Pandora Wealth Inc. grew its position in shares of Aptus Defined Risk ETF by 1.0% in the 4th quarter. Pandora Wealth Inc. now owns 373,268 shares of the company’s stock valued at $10,627,000 after buying an additional 3,555 shares during the last quarter. Private Trust Co. NA grew 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 valued at $106,000 after buying an additional 2,108 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of Aptus Defined Risk ETF in the 4th quarter valued at about $118,000. Park Place Capital Corp grew its position in shares of Aptus Defined Risk ETF by 8.7% in the 4th quarter. Park Place Capital Corp now owns 657,299 shares of the company’s stock valued at $18,713,000 after buying an additional 52,600 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in shares of Aptus Defined Risk ETF by 11.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,592,015 shares of the company’s stock valued at $190,048,000 after buying an additional 702,103 shares during the last quarter.

Aptus Defined Risk ETF Trading Up 0.7%

BATS DRSK opened at $29.56 on Friday. The business’s 50-day moving average price is $28.40 and its two-hundred day moving average price is $28.50. Aptus Defined Risk ETF has a 12 month low of $27.10 and a 12 month high of $30.15. The firm has a market capitalization of $1.30 billion, a PE ratio of 26.47 and a beta of 0.37.

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.