Aptus Defined Risk ETF (BATS:DRSK) Trading Up 0.2% – Here’s What Happened

Aptus Defined Risk ETF (BATS:DRSK)’s stock price was up 0.2% during trading on Wednesday . The company traded as high as $29.05 and last traded at $29.02. 61,468 shares were traded during mid-day trading, a decline of 55% from the average session volume of 135,895 shares. The stock had previously closed at $28.96.

Aptus Defined Risk ETF Stock Up 0.2%

The company has a 50 day moving average of $29.01 and a 200 day moving average of $28.49. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC lifted its holdings in shares of Aptus Defined Risk ETF by 1,649.6% during the 3rd quarter. Parallel Advisors LLC now owns 15,134 shares of the company’s stock worth $436,000 after acquiring an additional 14,269 shares during the period. Integrated Wealth Concepts LLC grew its holdings in Aptus Defined Risk ETF by 11.9% in the third quarter. Integrated Wealth Concepts LLC now owns 6,592,015 shares of the company’s stock valued at $190,048,000 after purchasing an additional 702,103 shares during the period. Park Place Capital Corp grew its holdings in Aptus Defined Risk ETF by 8.7% in the fourth quarter. Park Place Capital Corp now owns 657,299 shares of the company’s stock valued at $18,713,000 after purchasing an additional 52,600 shares during the period. Princeton Global Asset Management LLC acquired a new position in Aptus Defined Risk ETF during the fourth quarter worth approximately $118,000. Finally, Private Trust Co. NA increased its position in Aptus Defined Risk ETF by 129.7% during the fourth quarter. Private Trust Co. NA now owns 3,733 shares of the company’s stock worth $106,000 after purchasing an additional 2,108 shares during 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.