Aptus Defined Risk ETF (BATS:DRSK) Stock Price Up 0.2% – Here’s What Happened

Aptus Defined Risk ETF (BATS:DRSK)’s stock price rose 0.2% during mid-day trading on Wednesday . The stock traded as high as $29.05 and last traded at $29.02. Approximately 61,468 shares changed hands during trading, a decline of 55% from the average session volume of 135,895 shares. The stock had previously closed at $28.96.

Aptus Defined Risk ETF Stock Performance

The firm’s 50-day moving average is $29.01 and its 200 day moving average is $28.49. The firm has a market capitalization of $1.28 billion, a PE ratio of 26.47 and a beta of 0.37.

Hedge Funds Weigh In On Aptus Defined Risk ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC grew its position in shares of Aptus Defined Risk ETF by 3.7% in the fourth 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. Private Trust Co. NA grew its holdings in 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 buying an additional 2,108 shares during the last quarter. Pandora Wealth Inc. grew its holdings in 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 buying an additional 3,555 shares during the last quarter. Princeton Global Asset Management LLC purchased a new position in Aptus Defined Risk ETF during the fourth quarter worth $118,000. Finally, Virtue Capital Management LLC increased its position in Aptus Defined Risk ETF by 2,572.8% during the fourth quarter. Virtue Capital Management LLC now owns 10,531 shares of the company’s stock worth $299,000 after buying an additional 10,137 shares in the last quarter.

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.