MAI Capital Management Acquires 158,379 Shares of Aptus Collared Investment Opportunity ETF (BATS:ACIO)

MAI Capital Management increased its holdings in Aptus Collared Investment Opportunity ETF (BATS:ACIO) by 27.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 732,686 shares of the company’s stock after purchasing an additional 158,379 shares during the quarter. MAI Capital Management’s holdings in Aptus Collared Investment Opportunity ETF were worth $29,117,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of ACIO. Transcendent Capital Group LLC bought a new position in shares of Aptus Collared Investment Opportunity ETF in the 1st quarter worth $169,000. Farther Finance Advisors LLC grew its stake in Aptus Collared Investment Opportunity ETF by 70.9% in the second quarter. Farther Finance Advisors LLC now owns 10,584 shares of the company’s stock valued at $400,000 after purchasing an additional 4,391 shares during the last quarter. Maripau Wealth Management LLC raised its holdings in Aptus Collared Investment Opportunity ETF by 87.5% in the third quarter. Maripau Wealth Management LLC now owns 78,821 shares of the company’s stock worth $3,132,000 after purchasing an additional 36,780 shares in the last quarter. United Advisor Group LLC lifted its position in shares of Aptus Collared Investment Opportunity ETF by 18.1% during the third quarter. United Advisor Group LLC now owns 233,268 shares of the company’s stock valued at $9,270,000 after buying an additional 35,698 shares during the last quarter. Finally, Park Place Capital Corp boosted its holdings in shares of Aptus Collared Investment Opportunity ETF by 255.8% in the 2nd quarter. Park Place Capital Corp now owns 434,834 shares of the company’s stock valued at $16,363,000 after buying an additional 312,610 shares in the last quarter.

Aptus Collared Investment Opportunity ETF Stock Performance

BATS ACIO opened at $40.27 on Monday. The stock’s 50 day moving average price is $39.90 and its 200 day moving average price is $38.40. The company has a market cap of $981.78 million, a price-to-earnings ratio of 25.00 and a beta of 0.70.

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.