Aptus Defined Risk ETF (BATS:DRSK) Trading Up 0.2% – Still a Buy?

Shares of Aptus Defined Risk ETF (BATS:DRSK) traded up 0.2% during trading on Friday . The company traded as high as $28.10 and last traded at $28.03. 280,361 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 175,737 shares. The stock had previously closed at $27.97.

Aptus Defined Risk ETF Stock Performance

The firm has a market cap of $1.24 billion, a P/E ratio of 26.47 and a beta of 0.37. The firm has a fifty day moving average of $28.46 and a 200-day moving average of $28.88.

Hedge Funds Weigh In On Aptus Defined Risk ETF

Several large investors have recently bought and sold shares of DRSK. Virtue Capital Management LLC increased its stake in shares of Aptus Defined Risk ETF by 3.9% during the second quarter. Virtue Capital Management LLC now owns 10,800 shares of the company’s stock valued at $310,000 after acquiring an additional 407 shares during the period. Parallel Advisors LLC lifted its position in Aptus Defined Risk ETF by 3.7% in the fourth quarter. Parallel Advisors LLC now owns 15,699 shares of the company’s stock worth $447,000 after purchasing an additional 565 shares during the period. Private Trust Co. NA bought a new position in Aptus Defined Risk ETF during the 3rd quarter valued at $47,000. Pandora Wealth Inc. increased its position in shares of Aptus Defined Risk ETF by 1.0% during 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 period. Finally, Princeton Global Asset Management LLC acquired a new position in shares of Aptus Defined Risk ETF during the 4th quarter valued at $118,000.

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.