Aptus Collared Investment Opportunity ETF (BATS:ACIO) Hits New 12-Month High – Here’s Why

Aptus Collared Investment Opportunity ETF (BATS:ACIO)’s stock price hit a new 52-week high on Thursday . The company traded as high as $47.75 and last traded at $47.73, with a volume of 15366 shares changing hands. The stock had previously closed at $47.37.

Aptus Collared Investment Opportunity ETF Stock Up 0.5%

The stock has a fifty day moving average of $46.27 and a 200-day moving average of $44.90. The firm has a market capitalization of $2.24 billion, a P/E ratio of 25.77 and a beta of 0.65.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Advisors Preferred LLC lifted its stake in shares of Aptus Collared Investment Opportunity ETF by 1,078.5% during the first quarter. Advisors Preferred LLC now owns 1,532 shares of the company’s stock valued at $64,000 after acquiring an additional 1,402 shares during the period. Compass Financial Management LLC acquired a new stake in Aptus Collared Investment Opportunity ETF in the second quarter worth about $74,000. JPMorgan Chase & Co. increased its position in Aptus Collared Investment Opportunity ETF by 110.4% in the third quarter. JPMorgan Chase & Co. now owns 3,457 shares of the company’s stock worth $150,000 after purchasing an additional 1,814 shares during the period. Confluence Wealth Services Inc. bought a new stake in Aptus Collared Investment Opportunity ETF during the 4th quarter worth about $244,000. Finally, Parallel Advisors LLC raised its holdings in Aptus Collared Investment Opportunity ETF by 670.2% during the 3rd quarter. Parallel Advisors LLC now owns 6,416 shares of the company’s stock worth $279,000 after purchasing an additional 5,583 shares during the last quarter.

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.