Aptus Collared Investment Opportunity ETF (BATS:ACIO) Stock Price Up 18% – Here’s What Happened

Aptus Collared Investment Opportunity ETF (BATS:ACIO) rose 18% on Monday . The stock traded as high as $37.77 and last traded at $44.0980. Approximately 477,309 shares traded hands during trading, an increase of 183% from the average daily volume of 168,892 shares. The stock had previously closed at $37.36.

Aptus Collared Investment Opportunity ETF Stock Performance

The firm has a fifty day moving average price of $43.33 and a two-hundred day moving average price of $41.61. The stock has a market capitalization of $2.08 billion, a P/E ratio of 25.77 and a beta of 0.65.

Hedge Funds Weigh In On Aptus Collared Investment Opportunity ETF

Institutional investors have recently bought and sold shares of the stock. Pandora Wealth Inc. purchased a new stake in Aptus Collared Investment Opportunity ETF in the 1st quarter worth $12,813,000. Park Place Capital Corp increased its stake in Aptus Collared Investment Opportunity ETF by 19.5% in the 3rd quarter. Park Place Capital Corp now owns 1,018,213 shares of the company’s stock worth $44,221,000 after buying an additional 166,174 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in Aptus Collared Investment Opportunity ETF by 2.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,411,427 shares of the company’s stock worth $209,368,000 after buying an additional 126,743 shares in the last quarter. Waterloo Capital L.P. increased its stake in Aptus Collared Investment Opportunity ETF by 9.0% in the 2nd quarter. Waterloo Capital L.P. now owns 839,594 shares of the company’s stock worth $34,759,000 after buying an additional 68,989 shares in the last quarter. Finally, Advisors Preferred LLC purchased a new stake in Aptus Collared Investment Opportunity ETF in the 1st quarter worth $552,000.

About Aptus Collared Investment Opportunity ETF

The Aptus Collared Income Opportunity ETF (ACIO) is an exchange-traded fund that is based on the NYSE Multi-Asset High Income index. The fund is an actively-managed portfolio of US large cap equities as well as corresponding options collars for those constituents. ACIO was launched on Jul 10, 2019 and is managed by Aptus.