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

Aptus Collared Investment Opportunity ETF (BATS:ACIO)’s share price rose 17.6% on Monday . The stock traded as high as $37.77 and last traded at $43.9370. Approximately 477,309 shares changed hands 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 moving average is $43.82 and its 200 day moving average is $43.21. The stock 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

Several large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in Aptus Collared Investment Opportunity ETF by 110.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,457 shares of the company’s stock worth $150,000 after acquiring an additional 1,814 shares during the period. Princeton Global Asset Management LLC purchased a new stake in shares of Aptus Collared Investment Opportunity ETF in the fourth quarter worth approximately $188,000. Transcendent Capital Group LLC acquired a new stake in shares of Aptus Collared Investment Opportunity ETF during the third quarter worth approximately $204,000. Parallel Advisors LLC grew its position in Aptus Collared Investment Opportunity ETF by 670.2% during the third quarter. Parallel Advisors LLC now owns 6,416 shares of the company’s stock valued at $279,000 after purchasing an additional 5,583 shares in the last quarter. Finally, Mascagni Wealth Management Inc. grew its position in Aptus Collared Investment Opportunity ETF by 4.2% during the second quarter. Mascagni Wealth Management Inc. now owns 13,255 shares of the company’s stock valued at $549,000 after purchasing an additional 538 shares in the last quarter.

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.