Aptus Collared Investment Opportunity ETF (BATS:ACIO) Stock Price Up 1.4% – Here’s Why

Aptus Collared Investment Opportunity ETF (BATS:ACIO)’s stock price rose 1.4% on Monday . The stock traded as high as $40.51 and last traded at $40.51. Approximately 138,010 shares changed hands during mid-day trading, The stock had previously closed at $39.93.

Aptus Collared Investment Opportunity ETF Trading Up 1.4 %

The company’s 50 day moving average price is $40.77 and its two-hundred day moving average price is $40.18. The stock has a market cap of $987.56 million, a P/E ratio of 25.00 and a beta of 0.70.

Aptus Collared Investment Opportunity ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were paid a $0.034 dividend. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On Aptus Collared Investment Opportunity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ACIO. JPMorgan Chase & Co. increased its holdings in Aptus Collared Investment Opportunity ETF by 87.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,175 shares of the company’s stock worth $206,000 after acquiring an additional 2,418 shares in the last quarter. Parallel Advisors LLC increased its holdings in Aptus Collared Investment Opportunity ETF by 17.6% in the 4th quarter. Parallel Advisors LLC now owns 8,940 shares of the company’s stock worth $360,000 after acquiring an additional 1,338 shares in the last quarter. Magnolia Private Wealth LLC purchased a new stake in Aptus Collared Investment Opportunity ETF in the 4th quarter worth approximately $611,000. Farther Finance Advisors LLC increased its holdings in Aptus Collared Investment Opportunity ETF by 52.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 16,131 shares of the company’s stock worth $641,000 after acquiring an additional 5,547 shares in the last quarter. Finally, Maripau Wealth Management LLC increased its holdings in Aptus Collared Investment Opportunity ETF by 89.0% in the 4th quarter. Maripau Wealth Management LLC now owns 149,000 shares of the company’s stock worth $5,996,000 after acquiring an additional 70,179 shares in 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.