Aptus Collared Investment Opportunity ETF (BATS:ACIO) Hits New 1-Year High – Here’s Why

Aptus Collared Investment Opportunity ETF (BATS:ACIO)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $46.76 and last traded at $46.76, with a volume of 26662 shares changing hands. The stock had previously closed at $46.48.

Aptus Collared Investment Opportunity ETF Stock Performance

The firm has a market cap of $2.20 billion, a PE ratio of 25.77 and a beta of 0.65. The company’s 50-day simple moving average is $44.16 and its two-hundred day simple moving average is $43.88.

Institutional Investors Weigh In On Aptus Collared Investment Opportunity ETF

Several institutional investors have recently added to or reduced their stakes in ACIO. Integrated Wealth Concepts LLC boosted its position in Aptus Collared Investment Opportunity ETF by 9.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 7,335,218 shares of the company’s stock valued at $318,568,000 after buying an additional 660,265 shares during the period. Advisory Services Network LLC boosted its position in Aptus Collared Investment Opportunity ETF by 7.5% during 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 during the period. Park Place Capital Corp boosted its position in Aptus Collared Investment Opportunity ETF by 6.3% during 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 during the period. Bank of New York Mellon Corp purchased a new stake in Aptus Collared Investment Opportunity ETF during the 1st quarter valued at $364,000. Finally, Virtue Capital Management LLC boosted its position in Aptus Collared Investment Opportunity ETF by 922.1% during the 4th quarter. Virtue Capital Management LLC now owns 8,494 shares of the company’s stock valued at $371,000 after buying an additional 7,663 shares during the period.

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.