Aptus Defined Risk ETF (BATS:DRSK) Trading Up 0.1% – Still a Buy?

Shares of Aptus Defined Risk ETF (BATS:DRSK) traded up 0.1% on Monday . The company traded as high as $28.3499 and last traded at $28.3270. 344,490 shares were traded during mid-day trading, an increase of 79% from the average session volume of 192,343 shares. The stock had previously closed at $28.30.

Aptus Defined Risk ETF Trading Up 0.1%

The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37. The company has a fifty day moving average of $28.83 and a two-hundred day moving average of $28.93.

Institutional Trading of Aptus Defined Risk ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Private Trust Co. NA acquired a new position in Aptus Defined Risk ETF in the 3rd quarter valued at $47,000. Princeton Global Asset Management LLC bought a new stake in Aptus Defined Risk ETF during the fourth quarter valued at about $118,000. Virtue Capital Management LLC boosted its holdings in Aptus Defined Risk ETF by 3.9% during the second quarter. Virtue Capital Management LLC now owns 10,800 shares of the company’s stock valued at $310,000 after acquiring an additional 407 shares during the period. Parallel Advisors LLC grew its position in shares of Aptus Defined Risk ETF by 1,649.6% in the third quarter. Parallel Advisors LLC now owns 15,134 shares of the company’s stock valued at $436,000 after purchasing an additional 14,269 shares during the last quarter. Finally, Pandora Wealth Inc. increased its stake in shares of Aptus Defined Risk ETF by 0.3% in the second quarter. Pandora Wealth Inc. now owns 276,504 shares of the company’s stock worth $7,947,000 after purchasing an additional 818 shares during the period.

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.