Aptus Defined Risk ETF (BATS:DRSK) Shares Down 0.3%

Aptus Defined Risk ETF (BATS:DRSK) traded down 0.3% during trading on Friday . The company traded as low as $27.02 and last traded at $27.03. 99,960 shares were traded during mid-day trading, The stock had previously closed at $27.11.

Aptus Defined Risk ETF Stock Performance

The stock has a market capitalization of $535.19 million, a PE ratio of 1.33 and a beta of 0.51. The company’s fifty day simple moving average is $26.59 and its two-hundred day simple moving average is $26.15.

Institutional Investors Weigh In On Aptus Defined Risk ETF

A number of institutional investors and hedge funds have recently bought and sold shares of DRSK. Sugarloaf Wealth Management LLC raised its holdings in shares of Aptus Defined Risk ETF by 10.2% in the first quarter. Sugarloaf Wealth Management LLC now owns 2,280,858 shares of the company’s stock worth $60,808,000 after acquiring an additional 211,946 shares during the last quarter. Park Place Capital Corp purchased a new stake in Aptus Defined Risk ETF during the 1st quarter worth about $4,809,000. Finally, ORG Partners LLC raised its stake in Aptus Defined Risk ETF by 5,834.9% in the 4th quarter. ORG Partners LLC now owns 709,336 shares of the company’s stock valued at $17,875,000 after purchasing an additional 697,384 shares during the last quarter.

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.