Magnolia Private Wealth LLC Has $921,000 Holdings in Aptus Defined Risk ETF (BATS:DRSK)

Magnolia Private Wealth LLC lowered its position in shares of Aptus Defined Risk ETF (BATS:DRSK) by 12.5% in the first quarter, HoldingsChannel reports. The firm owned 33,779 shares of the company’s stock after selling 4,821 shares during the period. Magnolia Private Wealth LLC’s holdings in Aptus Defined Risk ETF were worth $921,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Mascagni Wealth Management Inc. bought a new stake in Aptus Defined Risk ETF during the 4th quarter worth about $70,000. Integrated Wealth Concepts LLC increased its position in Aptus Defined Risk ETF by 22.2% in the fourth quarter. Integrated Wealth Concepts LLC now owns 4,250,236 shares of the company’s stock worth $116,584,000 after purchasing an additional 771,166 shares during the period. Waterloo Capital L.P. lifted its stake in shares of Aptus Defined Risk ETF by 5.2% in the 4th quarter. Waterloo Capital L.P. now owns 562,802 shares of the company’s stock valued at $15,438,000 after purchasing an additional 27,648 shares during the period. Finally, Maripau Wealth Management LLC boosted its position in shares of Aptus Defined Risk ETF by 44.4% in the 4th quarter. Maripau Wealth Management LLC now owns 117,568 shares of the company’s stock worth $3,225,000 after purchasing an additional 36,174 shares during the last quarter.

Aptus Defined Risk ETF Trading Up 4.3%

Aptus Defined Risk ETF stock opened at $28.27 on Wednesday. The business has a 50-day moving average of $27.50 and a 200-day moving average of $27.73. Aptus Defined Risk ETF has a 1 year low of $26.43 and a 1 year high of $29.24. The firm has a market capitalization of $1.23 billion, a P/E ratio of 26.47 and a beta of 0.37.

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.