Waterloo Capital L.P. Has $10.58 Million Stock Holdings in Aptus Drawdown Managed Equity ETF (BATS:ADME)

Waterloo Capital L.P. raised its stake in Aptus Drawdown Managed Equity ETF (BATS:ADME) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,422 shares of the company’s stock after buying an additional 5,261 shares during the period. Aptus Drawdown Managed Equity ETF accounts for 1.1% of Waterloo Capital L.P.’s holdings, making the stock its 23rd largest holding. Waterloo Capital L.P. owned approximately 0.06% of Aptus Drawdown Managed Equity ETF worth $10,577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Park Place Capital Corp lifted its stake in shares of Aptus Drawdown Managed Equity ETF by 37.6% in the 4th quarter. Park Place Capital Corp now owns 166,592 shares of the company’s stock valued at $7,782,000 after acquiring an additional 45,483 shares during the last quarter. Maripau Wealth Management LLC increased its holdings in Aptus Drawdown Managed Equity ETF by 101.9% in the 4th quarter. Maripau Wealth Management LLC now owns 39,574 shares of the company’s stock worth $1,849,000 after purchasing an additional 19,969 shares in the last quarter. ORG Partners LLC raised its position in Aptus Drawdown Managed Equity ETF by 3.3% in the fourth quarter. ORG Partners LLC now owns 275,185 shares of the company’s stock valued at $12,855,000 after purchasing an additional 8,790 shares during the last quarter. OLD Mission Capital LLC boosted its stake in shares of Aptus Drawdown Managed Equity ETF by 18.9% during the fourth quarter. OLD Mission Capital LLC now owns 32,205 shares of the company’s stock valued at $1,504,000 after purchasing an additional 5,117 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Aptus Drawdown Managed Equity ETF by 20.2% during the third quarter. JPMorgan Chase & Co. now owns 3,046 shares of the company’s stock worth $141,000 after purchasing an additional 511 shares during the last quarter.

Aptus Drawdown Managed Equity ETF Price Performance

Aptus Drawdown Managed Equity ETF stock opened at $41.18 on Friday. The business has a 50 day moving average of $46.30 and a 200-day moving average of $46.82. Aptus Drawdown Managed Equity ETF has a 1 year low of $39.94 and a 1 year high of $48.57. The company has a market capitalization of $210.86 million, a P/E ratio of 25.47 and a beta of 0.77.

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.