Aptus Defined Risk ETF (BATS:DRSK) Trading Up 2.9% – Here’s Why

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

Aptus Defined Risk ETF Price Performance

The business’s fifty day moving average price is $27.91 and its 200 day moving average price is $27.97. The stock 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 Dividend Announcement

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DRSK. Private Trust Co. NA grew its position in Aptus Defined Risk ETF by 507.1% during the 3rd quarter. Private Trust Co. NA now owns 8,500 shares of the company’s stock worth $241,000 after acquiring an additional 7,100 shares during the last quarter. ORG Partners LLC lifted its holdings in shares of Aptus Defined Risk ETF by 4.2% during the fourth quarter. ORG Partners LLC now owns 924,028 shares of the company’s stock worth $25,346,000 after purchasing an additional 36,985 shares during the period. Sugarloaf Wealth Management LLC grew its stake in shares of Aptus Defined Risk ETF by 1.7% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,380,237 shares of the company’s stock worth $65,290,000 after purchasing an additional 40,816 shares during the last quarter. Park Place Capital Corp raised its position in Aptus Defined Risk ETF by 32.9% during the 4th quarter. Park Place Capital Corp now owns 494,580 shares of the company’s stock worth $13,566,000 after purchasing an additional 122,330 shares during the last quarter. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Aptus Defined Risk ETF in the 4th quarter valued at about $355,000.

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.