Aptus Defined Risk ETF (BATS:DRSK) Shares Up 2.9% – Should You Buy?

Shares of Aptus Defined Risk ETF (BATS:DRSK) shot 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 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 2.9 %

The firm has a fifty day simple moving average of $27.89 and a 200 day simple moving average of $27.97. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 27.03 and a beta of 0.35.

Aptus Defined Risk ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were paid a $0.3044 dividend. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On Aptus Defined Risk ETF

A number of institutional investors have recently bought and sold shares of DRSK. Magnolia Private Wealth LLC bought a new position in shares of Aptus Defined Risk ETF during the 4th quarter worth about $1,059,000. ORG Partners LLC lifted its stake in 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 lifted its stake in Aptus Defined Risk ETF by 1.7% during 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 period. Private Trust Co. NA boosted its holdings in Aptus Defined Risk ETF by 507.1% during the third quarter. Private Trust Co. NA now owns 8,500 shares of the company’s stock valued at $241,000 after purchasing an additional 7,100 shares in 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 approximately $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.