Adaptive Growth Opportunities ETF (NYSEARCA:AGOX) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Adaptive Growth Opportunities ETF (NYSEARCA:AGOX)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $29.19 and traded as high as $29.69. Adaptive Growth Opportunities ETF shares last traded at $29.67, with a volume of 29,253 shares.

Adaptive Growth Opportunities ETF Stock Up 0.3 %

The stock has a fifty day moving average price of $29.20 and a two-hundred day moving average price of $28.47. The company has a market capitalization of $295.94 million, a price-to-earnings ratio of 18.68 and a beta of 0.86.

Institutional Investors Weigh In On Adaptive Growth Opportunities ETF

An institutional investor recently bought a new position in Adaptive Growth Opportunities ETF stock. Captrust Financial Advisors bought a new position in shares of Adaptive Growth Opportunities ETF (NYSEARCA:AGOX) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,225 shares of the company’s stock, valued at approximately $410,000. Captrust Financial Advisors owned about 0.14% of Adaptive Growth Opportunities ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Adaptive Growth Opportunities ETF

The Adaptive Alpha Opportunities ETF (AGOX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed, multi-asset fund that tactically allocates for capital appreciation. AGOX was launched on Sep 20, 2012 and is managed by Adaptive.