Park Place Capital Corp Takes Position in Aptus Drawdown Managed Equity ETF (BATS:ADME)

Park Place Capital Corp acquired a new position in shares of Aptus Drawdown Managed Equity ETF (BATS:ADME) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 80,744 shares of the company’s stock, valued at approximately $3,532,000. Aptus Drawdown Managed Equity ETF accounts for approximately 1.1% of Park Place Capital Corp’s holdings, making the stock its 20th biggest holding.

Separately, ORG Partners LLC increased its position in Aptus Drawdown Managed Equity ETF by 5,281.0% during the 4th quarter. ORG Partners LLC now owns 246,611 shares of the company’s stock worth $9,480,000 after purchasing an additional 242,028 shares in the last quarter.

Aptus Drawdown Managed Equity ETF Price Performance

ADME stock traded down $0.43 during trading on Friday, reaching $43.42. 32,672 shares of the company were exchanged. The business’s fifty day moving average is $43.68 and its 200-day moving average is $41.89. The company has a market capitalization of $168.90 million, a P/E ratio of 25.16 and a beta of 0.85.

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.