Waterloo Capital L.P. Raises Holdings in Aptus Drawdown Managed Equity ETF $ADME

Waterloo Capital L.P. boosted its stake in Aptus Drawdown Managed Equity ETF (BATS:ADME) by 7.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 259,157 shares of the company’s stock after acquiring an additional 16,903 shares during the period. Aptus Drawdown Managed Equity ETF makes up approximately 1.0% of Waterloo Capital L.P.’s portfolio, making the stock its 25th largest position. Waterloo Capital L.P. owned 0.06% of Aptus Drawdown Managed Equity ETF worth $12,491,000 at the end of the most recent quarter.

Separately, Park Place Capital Corp raised its holdings in shares of Aptus Drawdown Managed Equity ETF by 4.2% in the second quarter. Park Place Capital Corp now owns 258,829 shares of the company’s stock worth $12,442,000 after acquiring an additional 10,404 shares during the last quarter.

Aptus Drawdown Managed Equity ETF Stock Down 0.6%

ADME opened at $50.38 on Friday. The firm has a market cap of $231.24 million, a P/E ratio of 25.80 and a beta of 0.79. The business’s fifty day simple moving average is $51.15 and its 200 day simple moving average is $49.09. Aptus Drawdown Managed Equity ETF has a 52 week low of $39.85 and a 52 week high of $49.00.

About Aptus Drawdown Managed Equity ETF

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.