Adaptive Growth Opportunities ETF (NYSEARCA:AGOX) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

Shares of Adaptive Growth Opportunities ETF (NYSEARCA:AGOX) crossed above its 50-day moving average during trading on Monday . The stock has a 50-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 P/E ratio of 18.68 and a beta of 0.86. The company has a 50-day moving average price of $29.02 and a two-hundred day moving average price of $28.14.

Institutional Trading of Adaptive Growth Opportunities ETF

An institutional investor recently bought a new position in Adaptive Growth Opportunities ETF stock. Captrust Financial Advisors purchased a new position in Adaptive Growth Opportunities ETF (NYSEARCA:AGOX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,225 shares of the company’s stock, valued at approximately $410,000. Captrust Financial Advisors owned 0.14% of Adaptive Growth Opportunities ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.