Aptus Collared Investment Opportunity ETF (BATS:ACIO) Trading Up 1.1% – Should You Buy?

Aptus Collared Investment Opportunity ETF (BATS:ACIO) was up 1.1% during mid-day trading on Tuesday . The company traded as high as $44.07 and last traded at $44.02. Approximately 162,351 shares changed hands during trading, an increase of 4% from the average daily volume of 155,372 shares. The stock had previously closed at $43.55.

Aptus Collared Investment Opportunity ETF Price Performance

The firm has a market capitalization of $2.07 billion, a P/E ratio of 25.77 and a beta of 0.65. The firm’s 50 day simple moving average is $43.03 and its two-hundred day simple moving average is $43.52.

Institutional Trading of Aptus Collared Investment Opportunity ETF

Several hedge funds have recently added to or reduced their stakes in ACIO. Parallel Advisors LLC increased its position in shares of Aptus Collared Investment Opportunity ETF by 18.9% during the fourth quarter. Parallel Advisors LLC now owns 7,631 shares of the company’s stock valued at $333,000 after buying an additional 1,215 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Aptus Collared Investment Opportunity ETF by 110.4% in the third quarter. JPMorgan Chase & Co. now owns 3,457 shares of the company’s stock worth $150,000 after buying an additional 1,814 shares in the last quarter. Princeton Global Asset Management LLC bought a new position in Aptus Collared Investment Opportunity ETF during the 4th quarter valued at about $188,000. Transcendent Capital Group LLC bought a new position in shares of Aptus Collared Investment Opportunity ETF during the 3rd quarter valued at $204,000. Finally, Confluence Wealth Services Inc. purchased a new position in Aptus Collared Investment Opportunity ETF in the fourth quarter worth about $244,000.

Aptus Collared Investment Opportunity ETF Company Profile

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.