Aptus Defined Risk ETF (BATS:DRSK) Trading 2.9% Higher – Still a Buy?

Aptus Defined Risk ETF (BATS:DRSK) traded up 2.9% on Monday . The company traded as high as $27.50 and last traded at $27.89. 205,212 shares traded hands during mid-day trading, an increase of 11% from the average session volume of 185,188 shares. The stock had previously closed at $27.10.

Aptus Defined Risk ETF Trading Up 1.9 %

The company’s 50-day moving average price is $27.91 and its two-hundred day moving average price is $27.97. The company has a market cap of $1.14 billion, a P/E ratio of 27.03 and a beta of 0.35.

Aptus Defined Risk ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were issued a $0.3044 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Investors Weigh In On Aptus Defined Risk ETF

Several large investors have recently modified their holdings of DRSK. Mascagni Wealth Management Inc. acquired a new position in shares of Aptus Defined Risk ETF in the 4th quarter valued at $70,000. Integrated Wealth Concepts LLC lifted its stake in Aptus Defined Risk ETF by 22.2% during the fourth quarter. Integrated Wealth Concepts LLC now owns 4,250,236 shares of the company’s stock valued at $116,584,000 after buying an additional 771,166 shares in the last quarter. Waterloo Capital L.P. boosted its holdings in shares of Aptus Defined Risk ETF by 5.2% in the fourth quarter. Waterloo Capital L.P. now owns 562,802 shares of the company’s stock worth $15,438,000 after buying an additional 27,648 shares during the period. Maripau Wealth Management LLC increased its position in shares of Aptus Defined Risk ETF by 44.4% in the fourth quarter. Maripau Wealth Management LLC now owns 117,568 shares of the company’s stock worth $3,225,000 after acquiring an additional 36,174 shares in the last quarter. Finally, Magnolia Private Wealth LLC acquired a new stake in shares of Aptus Defined Risk ETF during the fourth quarter valued at approximately $1,059,000.

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.