Aptus Defined Risk ETF (BATS:DRSK) Trading Down 0.1% – Here’s What Happened

Shares of Aptus Defined Risk ETF (BATS:DRSK) dropped 0.1% on Friday . The stock traded as low as $28.88 and last traded at $28.94. Approximately 130,127 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 192,343 shares. The stock had previously closed at $28.96.

Aptus Defined Risk ETF Stock Down 0.1%

The firm’s 50 day moving average price is $28.83 and its two-hundred day moving average price is $28.15. The firm has a market capitalization of $1.28 billion, a PE ratio of 26.47 and a beta of 0.37.

Institutional Investors Weigh In On Aptus Defined Risk ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Virtue Capital Management LLC raised its holdings in shares of Aptus Defined Risk ETF by 3.9% in the second quarter. Virtue Capital Management LLC now owns 10,800 shares of the company’s stock valued at $310,000 after buying an additional 407 shares during the last quarter. Waterloo Capital L.P. raised its holdings in shares of Aptus Defined Risk ETF by 10.0% in the second quarter. Waterloo Capital L.P. now owns 696,714 shares of the company’s stock valued at $20,024,000 after buying an additional 63,408 shares during the last quarter. Pandora Wealth Inc. raised its holdings 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 valued at $7,947,000 after buying an additional 818 shares during the last quarter. Park Place Capital Corp raised its holdings in shares of Aptus Defined Risk ETF by 7.4% in the second quarter. Park Place Capital Corp now owns 567,477 shares of the company’s stock valued at $16,201,000 after buying an additional 38,905 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of Aptus Defined Risk ETF by 4.8% in the first quarter. Integrated Wealth Concepts LLC now owns 4,455,948 shares of the company’s stock valued at $121,514,000 after buying an additional 205,712 shares during the last quarter.

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.