Aptus Collared Investment Opportunity ETF (BATS:ACIO) Hits New 52-Week High – Still a Buy?

Shares of Aptus Collared Investment Opportunity ETF (BATS:ACIO) reached a new 52-week high on Tuesday . The company traded as high as $46.28 and last traded at $46.18, with a volume of 168056 shares. The stock had previously closed at $46.06.

Aptus Collared Investment Opportunity ETF Price Performance

The firm has a 50 day moving average of $43.56 and a 200-day moving average of $43.72. The stock has a market capitalization of $2.17 billion, a P/E ratio of 25.77 and a beta of 0.65.

Institutional Trading of Aptus Collared Investment Opportunity ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Advisors Preferred LLC lifted its position in Aptus Collared Investment Opportunity ETF by 1,078.5% in the first quarter. Advisors Preferred LLC now owns 1,532 shares of the company’s stock worth $64,000 after purchasing an additional 1,402 shares during the period. JPMorgan Chase & Co. increased its holdings in Aptus Collared Investment Opportunity ETF by 110.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,457 shares of the company’s stock valued at $150,000 after buying an additional 1,814 shares during the period. Princeton Global Asset Management LLC acquired a new position in shares of Aptus Collared Investment Opportunity ETF in the 4th quarter valued at $188,000. Transcendent Capital Group LLC bought a new position in shares of Aptus Collared Investment Opportunity ETF during the 3rd quarter worth about $204,000. Finally, Confluence Wealth Services Inc. bought a new position in shares of Aptus Collared Investment Opportunity ETF during the 4th quarter worth about $244,000.

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.