Maripau Wealth Management LLC Buys 30,202 Shares of Aptus Defined Risk ETF (BATS:DRSK)

Maripau Wealth Management LLC lifted its position in Aptus Defined Risk ETF (BATS:DRSK) by 59.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 81,394 shares of the company’s stock after buying an additional 30,202 shares during the period. Aptus Defined Risk ETF makes up about 2.0% of Maripau Wealth Management LLC’s portfolio, making the stock its 17th largest position. Maripau Wealth Management LLC owned approximately 0.41% of Aptus Defined Risk ETF worth $2,303,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. ORG Partners LLC raised its position in shares of Aptus Defined Risk ETF by 14.3% in the third quarter. ORG Partners LLC now owns 887,043 shares of the company’s stock valued at $25,103,000 after buying an additional 110,638 shares during the last quarter. Park Place Capital Corp boosted its position in shares of Aptus Defined Risk ETF by 84.3% during the 2nd quarter. Park Place Capital Corp now owns 332,443 shares of the company’s stock worth $8,986,000 after acquiring an additional 152,056 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC increased its position in shares of Aptus Defined Risk ETF by 1.3% during the third quarter. Sugarloaf Wealth Management LLC now owns 2,339,421 shares of the company’s stock worth $66,206,000 after purchasing an additional 30,794 shares in the last quarter.

Aptus Defined Risk ETF Trading Down 0.4 %

BATS DRSK traded down $0.12 on Tuesday, hitting $28.08. 1,491,086 shares of the company’s stock were exchanged. The firm has a fifty day moving average price of $28.15 and a 200-day moving average price of $27.25. The stock has a market cap of $555.98 million, a price-to-earnings ratio of 1.33 and a beta of 0.51.

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.