Aptus Defined Risk ETF (BATS:DRSK) Trading Down 0.6% – What’s Next?

Aptus Defined Risk ETF (BATS:DRSK) shares fell 0.6% on Monday . The stock traded as low as $28.86 and last traded at $28.86. 89,400 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 137,356 shares. The stock had previously closed at $29.02.

Aptus Defined Risk ETF Stock Performance

The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37. The business’s 50-day moving average is $28.81 and its 200-day moving average is $28.46.

Institutional Trading of Aptus Defined Risk ETF

Several hedge funds have recently modified their holdings of DRSK. Valeo Financial Advisors LLC acquired a new position in shares of Aptus Defined Risk ETF in the 2nd quarter worth approximately $408,000. Virtue Capital Management LLC increased its holdings in Aptus Defined Risk ETF by 2,572.8% during 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 in the last quarter. Advisory Services Network LLC increased its holdings in Aptus Defined Risk ETF by 4.5% during 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 in the last quarter. Parallel Advisors LLC raised its position 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 valued at $447,000 after purchasing an additional 565 shares during the last quarter. Finally, Pandora Wealth Inc. raised its position in 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 purchasing an additional 3,555 shares during 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.