ORG Partners LLC Makes New Investment in Aptus Defined Risk ETF (BATS:DRSK)

ORG Partners LLC purchased a new stake in Aptus Defined Risk ETF (BATS:DRSK) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 776,405 shares of the company’s stock, valued at approximately $20,940,000. Aptus Defined Risk ETF makes up approximately 2.6% of ORG Partners LLC’s portfolio, making the stock its 5th largest holding. ORG Partners LLC owned approximately 3.92% of Aptus Defined Risk ETF as of its most recent filing with the Securities & Exchange Commission.

Separately, Sugarloaf Wealth Management LLC increased its holdings in Aptus Defined Risk ETF by 1.2% in the second quarter. Sugarloaf Wealth Management LLC now owns 2,308,627 shares of the company’s stock valued at $62,402,000 after purchasing an additional 27,769 shares during the period.

Aptus Defined Risk ETF Stock Down 0.1 %

Aptus Defined Risk ETF stock traded down $0.03 during mid-day trading on Wednesday, hitting $27.55. 145,228 shares of the stock were exchanged. The firm has a market capitalization of $545.49 million, a PE ratio of 1.33 and a beta of 0.51. The firm’s 50 day moving average price is $27.24 and its two-hundred day moving average price is $26.60.

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.