Aptus Drawdown Managed Equity ETF $ADME is Park Place Capital Corp’s 8th Largest Position

Park Place Capital Corp boosted its stake in shares of Aptus Drawdown Managed Equity ETF (BATS:ADME) by 5.2% during the 4th quarter, HoldingsChannel reports. The fund owned 284,527 shares of the company’s stock after purchasing an additional 13,999 shares during the period. Aptus Drawdown Managed Equity ETF accounts for about 3.0% of Park Place Capital Corp’s holdings, making the stock its 8th largest position. Park Place Capital Corp owned approximately 0.06% of Aptus Drawdown Managed Equity ETF worth $14,599,000 as of its most recent SEC filing.

Separately, JPMorgan Chase & Co. boosted its holdings in shares of Aptus Drawdown Managed Equity ETF by 108.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,872 shares of the company’s stock worth $147,000 after purchasing an additional 1,492 shares during the period.

Aptus Drawdown Managed Equity ETF Stock Performance

BATS ADME opened at $49.86 on Tuesday. The company has a market cap of $228.86 million, a P/E ratio of 25.80 and a beta of 0.79. The business’s 50 day moving average price is $51.58 and its 200-day moving average price is $51.37. Aptus Drawdown Managed Equity ETF has a fifty-two week low of $39.85 and a fifty-two week high of $55.00.

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.