Sugarloaf Wealth Management LLC Sells 3,641 Shares of Aptus Drawdown Managed Equity ETF (BATS:ADME)

Sugarloaf Wealth Management LLC lessened its position in shares of Aptus Drawdown Managed Equity ETF (BATS:ADME) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,730 shares of the company’s stock after selling 3,641 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in Aptus Drawdown Managed Equity ETF were worth $2,230,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in Aptus Drawdown Managed Equity ETF by 20.2% in 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. Maripau Wealth Management LLC boosted its position in shares of Aptus Drawdown Managed Equity ETF by 107.2% in the 3rd quarter. Maripau Wealth Management LLC now owns 19,605 shares of the company’s stock worth $906,000 after purchasing an additional 10,141 shares in the last quarter. United Advisor Group LLC grew its stake in Aptus Drawdown Managed Equity ETF by 15.7% during the 3rd quarter. United Advisor Group LLC now owns 20,159 shares of the company’s stock worth $931,000 after buying an additional 2,743 shares during the last quarter. Park Place Capital Corp increased its position in Aptus Drawdown Managed Equity ETF by 50.0% during the 3rd quarter. Park Place Capital Corp now owns 121,109 shares of the company’s stock valued at $5,595,000 after buying an additional 40,365 shares in the last quarter. Finally, Waterloo Capital L.P. raised its stake in Aptus Drawdown Managed Equity ETF by 0.5% in 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 last quarter.

Aptus Drawdown Managed Equity ETF Stock Performance

Shares of ADME stock traded up $0.17 during trading hours on Friday, reaching $47.00. 9,281 shares of the company’s stock were exchanged. The stock has a market cap of $182.83 million, a PE ratio of 25.16 and a beta of 0.85. The firm has a 50-day moving average price of $47.52 and a two-hundred day moving average price of $45.90.

Aptus Drawdown Managed Equity ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were paid a $0.0427 dividend. The ex-dividend date was Monday, December 30th.

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.