Aptus Defined Risk ETF (BATS:DRSK) Trading 1% Higher

Shares of Aptus Defined Risk ETF (BATS:DRSK) traded up 1% during mid-day trading on Friday . The stock traded as high as $26.27 and last traded at $26.10. 259,867 shares traded hands during mid-day trading, The stock had previously closed at $25.84.

Aptus Defined Risk ETF Trading Up 1.0 %

The stock has a market cap of $461.97 million, a price-to-earnings ratio of 1.32 and a beta of 0.25. The company has a 50 day simple moving average of $26.24 and a 200-day simple moving average of $25.27.

Hedge Funds Weigh In On Aptus Defined Risk ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. ORG Partners LLC acquired a new position in Aptus Defined Risk ETF during the 3rd quarter worth approximately $279,000. Park Place Capital Corp acquired a new stake in Aptus Defined Risk ETF during the 1st quarter worth about $4,809,000. Finally, Sugarloaf Wealth Management LLC grew its stake in Aptus Defined Risk ETF by 10.2% during the first quarter. Sugarloaf Wealth Management LLC now owns 2,280,858 shares of the company’s stock worth $60,808,000 after purchasing an additional 211,946 shares during the period.

Aptus Defined Risk ETF Company Profile

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.