Aptus Defined Risk ETF (BATS:DRSK) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Aptus Defined Risk ETF (BATS:DRSK)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $27.68 and traded as high as $28.35. Aptus Defined Risk ETF shares last traded at $28.32, with a volume of 229,532 shares changing hands.

Aptus Defined Risk ETF Stock Performance

The business’s 50 day moving average price is $27.97 and its 200-day moving average price is $27.69. The company has a market cap of $556.78 million, a price-to-earnings ratio of 1.33 and a beta of 0.51.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. ORG Partners LLC grew its position in Aptus Defined Risk ETF by 14.3% during the 3rd quarter. ORG Partners LLC now owns 887,043 shares of the company’s stock worth $25,103,000 after acquiring an additional 110,638 shares during the last quarter. Park Place Capital Corp grew its holdings in shares of Aptus Defined Risk ETF by 12.0% during the third quarter. Park Place Capital Corp now owns 372,250 shares of the company’s stock worth $10,535,000 after purchasing an additional 39,807 shares during the last quarter. United Advisor Group LLC increased its stake in shares of Aptus Defined Risk ETF by 27.6% in the third quarter. United Advisor Group LLC now owns 178,307 shares of the company’s stock valued at $5,046,000 after buying an additional 38,586 shares in the last quarter. Sugarloaf Wealth Management LLC increased its stake in shares of Aptus Defined Risk ETF by 1.3% in the third quarter. Sugarloaf Wealth Management LLC now owns 2,339,421 shares of the company’s stock valued at $66,206,000 after buying an additional 30,794 shares in the last quarter. Finally, Maripau Wealth Management LLC raised its holdings in shares of Aptus Defined Risk ETF by 59.0% in the third quarter. Maripau Wealth Management LLC now owns 81,394 shares of the company’s stock valued at $2,303,000 after buying an additional 30,202 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.