Aptus Collared Investment Opportunity ETF (BATS:ACIO) Stock Price Up 1.4% – Should You Buy?

Aptus Collared Investment Opportunity ETF (BATS:ACIO) rose 1.4% during mid-day trading on Monday . The stock traded as high as $40.51 and last traded at $40.51. Approximately 138,010 shares changed hands during trading, The stock had previously closed at $39.93.

Aptus Collared Investment Opportunity ETF Stock Up 1.4 %

The firm has a market capitalization of $987.56 million, a P/E ratio of 25.00 and a beta of 0.70. The company’s 50 day moving average is $40.77 and its 200-day moving average is $40.18.

Aptus Collared Investment Opportunity ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a $0.034 dividend. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On Aptus Collared Investment Opportunity ETF

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of Aptus Collared Investment Opportunity ETF by 87.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,175 shares of the company’s stock worth $206,000 after acquiring an additional 2,418 shares during the last quarter. MAI Capital Management increased its stake in shares of Aptus Collared Investment Opportunity ETF by 27.6% in the third quarter. MAI Capital Management now owns 732,686 shares of the company’s stock worth $29,117,000 after buying an additional 158,379 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Aptus Collared Investment Opportunity ETF by 52.4% in the third quarter. Farther Finance Advisors LLC now owns 16,131 shares of the company’s stock worth $641,000 after buying an additional 5,547 shares during the period. ORG Partners LLC increased its stake in shares of Aptus Collared Investment Opportunity ETF by 1.9% in the fourth quarter. ORG Partners LLC now owns 699,439 shares of the company’s stock worth $28,145,000 after buying an additional 12,959 shares during the period. Finally, Sugarloaf Wealth Management LLC increased its stake in shares of Aptus Collared Investment Opportunity ETF by 2.0% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 1,117,167 shares of the company’s stock worth $44,955,000 after buying an additional 22,304 shares during the period.

Aptus Collared Investment Opportunity ETF Company Profile

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.