Aptus Defined Risk ETF (BATS:DRSK) Stock Price Up 0.6% – Time to Buy?

Aptus Defined Risk ETF (BATS:DRSK)’s share price rose 0.6% during trading on Tuesday . The company traded as high as $28.70 and last traded at $28.61. Approximately 98,228 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 150,803 shares. The stock had previously closed at $28.44.

Aptus Defined Risk ETF Stock Up 0.6%

The business has a fifty day simple moving average of $27.96 and a 200 day simple moving average of $28.51. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37.

Institutional Investors Weigh In On Aptus Defined Risk ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Private Trust Co. NA lifted its position in shares of Aptus Defined Risk ETF by 129.7% during the 4th quarter. Private Trust Co. NA now owns 3,733 shares of the company’s stock valued at $106,000 after acquiring an additional 2,108 shares during the period. Princeton Global Asset Management LLC acquired a new stake in shares of Aptus Defined Risk ETF during the 4th quarter valued at approximately $118,000. Virtue Capital Management LLC lifted its position in shares of 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 acquiring an additional 10,137 shares during the period. Parallel Advisors LLC lifted its position 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 valued at $436,000 after acquiring an additional 14,269 shares during the period. Finally, Pandora Wealth Inc. lifted its position in shares of Aptus Defined Risk ETF by 33.7% during the 3rd quarter. Pandora Wealth Inc. now owns 369,713 shares of the company’s stock valued at $10,659,000 after acquiring an additional 93,209 shares during the period.

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.