Aptus Collared Investment Opportunity ETF (BATS:ACIO) Shares Down 0.4% – Should You Sell?

Aptus Collared Investment Opportunity ETF (BATS:ACIO)’s share price traded down 0.4% during trading on Monday . The company traded as low as $46.19 and last traded at $46.27. 108,696 shares changed hands during trading, a decline of 24% from the average daily volume of 143,599 shares. The stock had previously closed at $46.46.

Aptus Collared Investment Opportunity ETF Stock Performance

The company has a fifty day simple moving average of $45.86 and a two-hundred day simple moving average of $44.29. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 25.77 and a beta of 0.65.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC grew its stake in Aptus Collared Investment Opportunity ETF by 9.9% during the third quarter. Integrated Wealth Concepts LLC now owns 7,335,218 shares of the company’s stock worth $318,568,000 after buying an additional 660,265 shares in the last quarter. Park Place Capital Corp raised its position in shares of Aptus Collared Investment Opportunity ETF by 6.3% in the 4th quarter. Park Place Capital Corp now owns 1,082,349 shares of the company’s stock valued at $47,299,000 after buying an additional 64,136 shares in the last quarter. Advisory Services Network LLC raised its position in shares of Aptus Collared Investment Opportunity ETF by 7.5% in the 4th quarter. Advisory Services Network LLC now owns 1,039,861 shares of the company’s stock valued at $45,442,000 after buying an additional 72,522 shares in the last quarter. CoreFirst Bank & Trust lifted its holdings in shares of Aptus Collared Investment Opportunity ETF by 30.4% during the 1st quarter. CoreFirst Bank & Trust now owns 157,857 shares of the company’s stock worth $6,624,000 after acquiring an additional 36,792 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Aptus Collared Investment Opportunity ETF by 32.3% during the 4th quarter. Farther Finance Advisors LLC now owns 26,073 shares of the company’s stock worth $1,139,000 after acquiring an additional 6,362 shares during the period.

About Aptus Collared Investment Opportunity ETF

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.