Aptus Defined Risk ETF (BATS:DRSK) Trading Down 0.1% – Here’s What Happened

Aptus Defined Risk ETF (BATS:DRSK) dropped 0.1% during trading on Monday . The company traded as low as $28.47 and last traded at $28.50. Approximately 66,070 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 134,182 shares. The stock had previously closed at $28.53.

Aptus Defined Risk ETF Stock Down 0.1%

The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37. The firm’s 50 day moving average is $29.00 and its 200 day moving average is $28.46.

Hedge Funds Weigh In On Aptus Defined Risk ETF

Hedge funds have recently modified their holdings of the stock. Park Place Capital Corp raised its position in shares of Aptus Defined Risk ETF by 8.7% during the fourth quarter. Park Place Capital Corp now owns 657,299 shares of the company’s stock worth $18,713,000 after purchasing an additional 52,600 shares during the period. Advisory Services Network LLC boosted its position in shares of Aptus Defined Risk ETF by 4.5% in the 4th quarter. Advisory Services Network LLC now owns 797,323 shares of the company’s stock valued at $22,700,000 after purchasing an additional 34,007 shares during the period. Virtue Capital Management LLC boosted its position in shares of Aptus Defined Risk ETF by 2,572.8% in the 4th 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 period. Valeo Financial Advisors LLC purchased a new position in Aptus Defined Risk ETF in the 2nd quarter worth about $408,000. Finally, Parallel Advisors LLC increased its stake in Aptus Defined Risk ETF by 3.7% in the 4th quarter. Parallel Advisors LLC now owns 15,699 shares of the company’s stock worth $447,000 after purchasing an additional 565 shares in the last quarter.

Aptus Defined Risk ETF Company Profile

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.