Adaptive Growth Opportunities ETF (NYSEARCA:AGOX) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Adaptive Growth Opportunities ETF (NYSEARCA:AGOX) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $29.02 and traded as high as $29.58. Adaptive Growth Opportunities ETF shares last traded at $29.52, with a volume of 20,405 shares changing hands.

Adaptive Growth Opportunities ETF Stock Up 0.4 %

The stock has a market capitalization of $298.15 million, a price-to-earnings ratio of 18.68 and a beta of 0.86. The company has a 50 day simple moving average of $29.02 and a 200-day simple moving average of $28.14.

Institutional Investors Weigh In On Adaptive Growth Opportunities ETF

A hedge fund recently bought a new stake in Adaptive Growth Opportunities ETF stock. Captrust Financial Advisors bought a new stake in Adaptive Growth Opportunities ETF (NYSEARCA:AGOX) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 14,225 shares of the company’s stock, valued at approximately $410,000. Captrust Financial Advisors owned 0.14% of Adaptive Growth Opportunities ETF at the end of the most recent reporting period.

About Adaptive Growth Opportunities ETF

The Adaptive Alpha Opportunities ETF (AGOX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund that tactically allocates for capital appreciation. AGOX was launched on Sep 20, 2012 and is managed by Adaptive.