Aptus Defined Risk ETF (BATS:DRSK) Trading Down 0.3% – Should You Sell?

Aptus Defined Risk ETF (BATS:DRSK)’s share price dropped 0.3% during mid-day trading on Friday . The stock traded as low as $27.53 and last traded at $27.56. Approximately 106,458 shares traded hands during trading, a decline of 33% from the average daily volume of 158,818 shares. The stock had previously closed at $27.63.

Aptus Defined Risk ETF Stock Down 0.3%

The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 26.47 and a beta of 0.37. The business has a 50-day moving average of $28.23 and a two-hundred day moving average of $28.80.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DRSK. Waterloo Capital L.P. lifted its stake in Aptus Defined Risk ETF by 10.0% in the 2nd quarter. Waterloo Capital L.P. now owns 696,714 shares of the company’s stock valued at $20,024,000 after purchasing an additional 63,408 shares during the last quarter. Virtue Capital Management LLC boosted its position in Aptus Defined Risk ETF by 3.9% during the 2nd quarter. Virtue Capital Management LLC now owns 10,800 shares of the company’s stock worth $310,000 after buying an additional 407 shares during the period. Private Trust Co. NA acquired a new position in shares of Aptus Defined Risk ETF in the 3rd quarter worth approximately $47,000. Park Place Capital Corp raised its position in shares of Aptus Defined Risk ETF by 6.6% in the 3rd quarter. Park Place Capital Corp now owns 604,699 shares of the company’s stock worth $17,433,000 after acquiring an additional 37,222 shares in the last quarter. Finally, Pandora Wealth Inc. boosted its position in shares of Aptus Defined Risk ETF by 33.7% during the 3rd quarter. Pandora Wealth Inc. now owns 369,713 shares of the company’s stock worth $10,659,000 after purchasing an additional 93,209 shares in 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.