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

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

Aptus Defined Risk ETF Price Performance

The company has a market cap of $1.25 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37. The firm’s 50-day moving average price is $28.83 and its 200-day moving average price is $28.93.

Institutional Investors Weigh In On Aptus Defined Risk ETF

A number of institutional investors and hedge funds have recently modified their holdings of DRSK. Virtue Capital Management LLC grew its position in Aptus Defined Risk ETF by 3.9% during the 2nd quarter. Virtue Capital Management LLC now owns 10,800 shares of the company’s stock worth $310,000 after purchasing an additional 407 shares in the last quarter. Pandora Wealth Inc. boosted its position 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 buying an additional 818 shares during the period. Private Trust Co. NA purchased a new position in shares of Aptus Defined Risk ETF during the third quarter valued at $47,000. Princeton Global Asset Management LLC purchased a new position in shares of Aptus Defined Risk ETF during the fourth quarter valued at $118,000. Finally, Waterloo Capital L.P. raised its position in Aptus Defined Risk ETF by 1.3% during the third quarter. Waterloo Capital L.P. now owns 705,979 shares of the company’s stock valued at $20,353,000 after buying an additional 9,265 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.