Aptus Drawdown Managed Equity ETF (BATS:ADME) Shares Purchased by Park Place Capital Corp

Park Place Capital Corp raised its holdings in Aptus Drawdown Managed Equity ETF (BATS:ADME) by 37.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 166,592 shares of the company’s stock after purchasing an additional 45,483 shares during the period. Aptus Drawdown Managed Equity ETF makes up 2.2% of Park Place Capital Corp’s portfolio, making the stock its 9th biggest position. Park Place Capital Corp’s holdings in Aptus Drawdown Managed Equity ETF were worth $7,782,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of ADME. JPMorgan Chase & Co. lifted its position in Aptus Drawdown Managed Equity ETF by 20.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,046 shares of the company’s stock valued at $141,000 after acquiring an additional 511 shares in the last quarter. Maripau Wealth Management LLC boosted its stake in shares of Aptus Drawdown Managed Equity ETF by 107.2% during the 3rd quarter. Maripau Wealth Management LLC now owns 19,605 shares of the company’s stock worth $906,000 after acquiring an additional 10,141 shares during the period. United Advisor Group LLC increased its holdings in shares of Aptus Drawdown Managed Equity ETF by 15.7% in the third quarter. United Advisor Group LLC now owns 20,159 shares of the company’s stock valued at $931,000 after purchasing an additional 2,743 shares during the last quarter. Finally, ORG Partners LLC raised its position in shares of Aptus Drawdown Managed Equity ETF by 1.5% in the third quarter. ORG Partners LLC now owns 266,395 shares of the company’s stock valued at $12,308,000 after purchasing an additional 3,972 shares during the period.

Aptus Drawdown Managed Equity ETF Price Performance

Shares of ADME opened at $48.26 on Wednesday. The company has a market capitalization of $187.74 million, a PE ratio of 25.16 and a beta of 0.85. The stock’s 50 day simple moving average is $47.52 and its 200 day simple moving average is $46.10.

Aptus Drawdown Managed Equity ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were paid a $0.0427 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Aptus Drawdown Managed Equity ETF Profile

The Aptus Drawdown Managed Equity ETF (ADME) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to select large-cap US stocks that exhibit positive fundamental and momentum characteristics combined with a downside hedge. ADME was launched on Jun 8, 2016 and is managed by Aptus.