Aptus Collared Investment Opportunity ETF (BATS:ACIO) Trading 17.6% Higher – What’s Next?

Shares of Aptus Collared Investment Opportunity ETF (BATS:ACIO) rose 17.6% during mid-day trading on Monday . The company traded as high as $37.77 and last traded at $43.9370. Approximately 477,309 shares were traded during mid-day trading, an increase of 183% from the average daily volume of 168,892 shares. The stock had previously closed at $37.36.

Aptus Collared Investment Opportunity ETF Stock Performance

The business’s 50 day simple moving average is $43.82 and its 200-day simple moving average is $43.21. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 25.77 and a beta of 0.65.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Park Place Capital Corp boosted its stake in shares of Aptus Collared Investment Opportunity ETF by 11.8% during the 2nd quarter. Park Place Capital Corp now owns 852,039 shares of the company’s stock worth $35,257,000 after acquiring an additional 89,943 shares in the last quarter. Mascagni Wealth Management Inc. lifted its holdings in Aptus Collared Investment Opportunity ETF by 4.2% in the 2nd quarter. Mascagni Wealth Management Inc. now owns 13,255 shares of the company’s stock worth $549,000 after purchasing an additional 538 shares during the last quarter. Waterloo Capital L.P. boosted its position in Aptus Collared Investment Opportunity ETF by 9.0% during the second quarter. Waterloo Capital L.P. now owns 839,594 shares of the company’s stock worth $34,759,000 after purchasing an additional 68,989 shares during the period. Virtue Capital Management LLC boosted its position in Aptus Collared Investment Opportunity ETF by 78.9% during the second quarter. Virtue Capital Management LLC now owns 15,393 shares of the company’s stock worth $637,000 after purchasing an additional 6,791 shares during the period. Finally, Transcendent Capital Group LLC acquired a new position in Aptus Collared Investment Opportunity ETF during the third quarter valued at approximately $204,000.

About Aptus Collared Investment Opportunity ETF

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.