Aptus Collared Investment Opportunity ETF (BATS:ACIO) Hits New 52-Week High – Here’s Why

Aptus Collared Investment Opportunity ETF (BATS:ACIO) hit a new 52-week high on Thursday . The company traded as high as $45.25 and last traded at $45.25, with a volume of 71284 shares trading hands. The stock had previously closed at $44.91.

Aptus Collared Investment Opportunity ETF Stock Up 0.7%

The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 25.77 and a beta of 0.65. The company has a fifty day moving average price of $43.31 and a two-hundred day moving average price of $43.62.

Hedge Funds Weigh In On Aptus Collared Investment Opportunity ETF

A number of institutional investors have recently modified their holdings of the business. Parallel Advisors LLC increased its holdings in shares of Aptus Collared Investment Opportunity ETF by 18.9% in the 4th quarter. Parallel Advisors LLC now owns 7,631 shares of the company’s stock valued at $333,000 after acquiring an additional 1,215 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Aptus Collared Investment Opportunity ETF by 110.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,457 shares of the company’s stock valued at $150,000 after acquiring an additional 1,814 shares during the period. Princeton Global Asset Management LLC acquired a new position in shares of Aptus Collared Investment Opportunity ETF in the 4th quarter valued at $188,000. Transcendent Capital Group LLC acquired a new position in shares of Aptus Collared Investment Opportunity ETF in the 3rd quarter valued at $204,000. Finally, Confluence Wealth Services Inc. acquired a new position in shares of Aptus Collared Investment Opportunity ETF in the 4th quarter valued at $244,000.

Aptus Collared Investment Opportunity ETF Company Profile

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.