Sugarloaf Wealth Management LLC Reduces Stock Holdings in Aptus Drawdown Managed Equity ETF (BATS:ADME)

Sugarloaf Wealth Management LLC lessened its stake in shares of Aptus Drawdown Managed Equity ETF (BATS:ADME) by 7.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 47,730 shares of the company’s stock after selling 3,641 shares during the period. Sugarloaf Wealth Management LLC owned approximately 1.23% of Aptus Drawdown Managed Equity ETF worth $2,230,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted 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 buying an additional 511 shares during the period. Maripau Wealth Management LLC raised its stake in shares of Aptus Drawdown Managed Equity ETF by 107.2% during the third quarter. Maripau Wealth Management LLC now owns 19,605 shares of the company’s stock valued at $906,000 after acquiring an additional 10,141 shares in the last quarter. United Advisor Group LLC boosted 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 period. Park Place Capital Corp grew its stake in Aptus Drawdown Managed Equity ETF by 50.0% in the third quarter. Park Place Capital Corp now owns 121,109 shares of the company’s stock worth $5,595,000 after purchasing an additional 40,365 shares in the last quarter. Finally, Waterloo Capital L.P. increased its stake in shares of Aptus Drawdown Managed Equity ETF by 0.5% during the second quarter. Waterloo Capital L.P. now owns 213,742 shares of the company’s stock valued at $9,349,000 after buying an additional 1,004 shares during the period.

Aptus Drawdown Managed Equity ETF Stock Performance

Shares of ADME stock traded up $0.17 on Friday, hitting $47.00. The stock had a trading volume of 9,281 shares. The business has a 50 day moving average price of $47.52 and a 200 day moving average price of $45.90. The company has a market capitalization of $182.83 million, a P/E ratio of 25.16 and a beta of 0.85.

Aptus Drawdown Managed Equity ETF Announces Dividend

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

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.