Aptus Defined Risk ETF (BATS:DRSK) Sets New 52-Week Low – Time to Sell?

Aptus Defined Risk ETF (BATS:DRSK)’s stock price reached a new 52-week low during trading on Friday. The company traded as low as $26.95 and last traded at $26.9750, with a volume of 49,030 shares traded. The stock had previously closed at $27.00.

Aptus Defined Risk ETF Stock Down 0.0%

The stock has a market cap of $1.39 billion, a P/E ratio of 26.47 and a beta of 0.46. The firm’s 50-day moving average is $27.44 and its two-hundred day moving average is $28.21.

Hedge Funds Weigh In On Aptus Defined Risk ETF

An institutional investor recently bought a new position in Aptus Defined Risk ETF stock. Valeo Financial Advisors LLC purchased a new position in shares of Aptus Defined Risk ETF (BATS:DRSK) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 14,197 shares of the company’s stock, valued at approximately $408,000.

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.