Park Place Capital Corp Has $13.81 Million Stake in Aptus Drawdown Managed Equity ETF $ADME

Park Place Capital Corp increased its holdings in Aptus Drawdown Managed Equity ETF (BATS:ADME) by 4.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 270,528 shares of the company’s stock after acquiring an additional 11,699 shares during the period. Aptus Drawdown Managed Equity ETF comprises 2.9% of Park Place Capital Corp’s investment portfolio, making the stock its 9th biggest holding. Park Place Capital Corp owned 5.89% of Aptus Drawdown Managed Equity ETF worth $13,814,000 as of its most recent SEC filing.

Separately, Waterloo Capital L.P. boosted its stake in Aptus Drawdown Managed Equity ETF by 7.0% during the 2nd quarter. Waterloo Capital L.P. now owns 259,157 shares of the company’s stock valued at $12,491,000 after purchasing an additional 16,903 shares during the last quarter.

Aptus Drawdown Managed Equity ETF Stock Up 1.2%

Shares of Aptus Drawdown Managed Equity ETF stock opened at $51.29 on Monday. Aptus Drawdown Managed Equity ETF has a 52 week low of $39.85 and a 52 week high of $49.00. The business has a 50 day moving average price of $51.46 and a 200-day moving average price of $50.22. The company has a market cap of $235.44 million, a PE ratio of 25.80 and a beta of 0.79.

Aptus Drawdown Managed Equity ETF Company 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.