Aptus Defined Risk ETF (BATS:DRSK) Shares Pass Above 200-Day Moving Average – Time to Sell?

Aptus Defined Risk ETF (BATS:DRSK)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $27.68 and traded as high as $28.35. Aptus Defined Risk ETF shares last traded at $28.32, with a volume of 229,532 shares trading hands.

Aptus Defined Risk ETF Trading Up 0.2 %

The stock has a market capitalization of $556.78 million, a price-to-earnings ratio of 1.33 and a beta of 0.51. The stock has a 50-day simple moving average of $27.97 and a 200 day simple moving average of $27.69.

Hedge Funds Weigh In On Aptus Defined Risk ETF

Hedge funds have recently added to or reduced their stakes in the company. ORG Partners LLC grew its holdings in Aptus Defined Risk ETF by 14.3% during the third quarter. ORG Partners LLC now owns 887,043 shares of the company’s stock valued at $25,103,000 after purchasing an additional 110,638 shares during the last quarter. United Advisor Group LLC increased its stake in shares of Aptus Defined Risk ETF by 27.6% in the third quarter. United Advisor Group LLC now owns 178,307 shares of the company’s stock worth $5,046,000 after purchasing an additional 38,586 shares during the period. Private Trust Co. NA increased its position in Aptus Defined Risk ETF by 507.1% in the 3rd quarter. Private Trust Co. NA now owns 8,500 shares of the company’s stock worth $241,000 after buying an additional 7,100 shares during the period. Park Place Capital Corp grew its stake in shares of Aptus Defined Risk ETF by 12.0% in the third quarter. Park Place Capital Corp now owns 372,250 shares of the company’s stock worth $10,535,000 after acquiring an additional 39,807 shares during the last quarter. Finally, Maripau Wealth Management LLC raised its stake in Aptus Defined Risk ETF by 59.0% during the 3rd quarter. Maripau Wealth Management LLC now owns 81,394 shares of the company’s stock valued at $2,303,000 after purchasing an additional 30,202 shares during the last quarter.

About Aptus Defined Risk ETF

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.