United Advisor Group LLC Buys 2,743 Shares of Aptus Drawdown Managed Equity ETF (BATS:ADME)

United Advisor Group LLC increased its stake in Aptus Drawdown Managed Equity ETF (BATS:ADME) by 15.7% during the third quarter, HoldingsChannel reports. The firm owned 20,159 shares of the company’s stock after acquiring an additional 2,743 shares during the period. United Advisor Group LLC’s holdings in Aptus Drawdown Managed Equity ETF were worth $931,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Maripau Wealth Management LLC increased its position in Aptus Drawdown Managed Equity ETF by 107.2% in the third quarter. Maripau Wealth Management LLC now owns 19,605 shares of the company’s stock worth $906,000 after buying an additional 10,141 shares during the last quarter. Park Place Capital Corp purchased a new position in shares of Aptus Drawdown Managed Equity ETF during the 2nd quarter valued at $3,532,000. Waterloo Capital L.P. grew its stake in shares of Aptus Drawdown Managed Equity ETF by 0.5% during the 2nd quarter. Waterloo Capital L.P. now owns 213,742 shares of the company’s stock worth $9,349,000 after acquiring an additional 1,004 shares during the period. Finally, ORG Partners LLC purchased a new stake in Aptus Drawdown Managed Equity ETF in the 2nd quarter worth about $11,509,000.

Aptus Drawdown Managed Equity ETF Stock Down 0.2 %

Shares of Aptus Drawdown Managed Equity ETF stock opened at $45.72 on Tuesday. The company has a market cap of $177.85 million, a PE ratio of 25.16 and a beta of 0.85. The firm has a 50-day moving average price of $45.86 and a 200-day moving average price of $44.08.

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.