Aptus Defined Risk ETF (BATS:DRSK) Stock Price Down 0.4% – Should You Sell?

Aptus Defined Risk ETF (BATS:DRSK) shares fell 0.4% during trading on Monday . The company traded as low as $28.8801 and last traded at $28.84. 130,127 shares changed hands during trading, a decline of 32% from the average session volume of 192,343 shares. The stock had previously closed at $28.96.

Aptus Defined Risk ETF Stock Down 0.4%

The firm has a market capitalization of $1.27 billion, a P/E ratio of 26.47 and a beta of 0.37. The business’s 50 day moving average is $29.25 and its two-hundred day moving average is $28.86.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Waterloo Capital L.P. boosted its position in Aptus Defined Risk ETF by 10.0% in the 2nd 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. Integrated Wealth Concepts LLC raised its position in shares of Aptus Defined Risk ETF by 4.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,455,948 shares of the company’s stock worth $121,514,000 after acquiring an additional 205,712 shares during the last quarter. Pandora Wealth Inc. lifted its stake in shares of Aptus Defined Risk ETF by 0.3% during the second quarter. Pandora Wealth Inc. now owns 276,504 shares of the company’s stock valued at $7,947,000 after acquiring an additional 818 shares during the period. Park Place Capital Corp boosted its holdings in 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 acquiring an additional 38,905 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in 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 worth $436,000 after purchasing an additional 14,269 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.