Sugarloaf Wealth Management LLC Sells 12,360 Shares of 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 13.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 80,670 shares of the company’s stock after selling 12,360 shares during the quarter. Aptus Drawdown Managed Equity ETF comprises approximately 0.7% of Sugarloaf Wealth Management LLC’s holdings, making the stock its 22nd largest position. Sugarloaf Wealth Management LLC owned about 1.38% of Aptus Drawdown Managed Equity ETF worth $2,938,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. CoreCap Advisors LLC bought a new stake in Aptus Drawdown Managed Equity ETF during the 4th quarter valued at approximately $56,000. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in Aptus Drawdown Managed Equity ETF during the 1st quarter valued at approximately $148,000. Finally, OLD Mission Capital LLC bought a new stake in Aptus Drawdown Managed Equity ETF during the 4th quarter valued at approximately $1,720,000.

Aptus Drawdown Managed Equity ETF Stock Up 0.0 %

BATS:ADME traded up $0.00 during mid-day trading on Tuesday, hitting $36.46. 22,458 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $36.63 and its 200 day moving average price is $35.50. The company has a market capitalization of $191.05 million, a price-to-earnings ratio of 21.11 and a beta of 0.71.

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.