LPL Financial LLC Sells 1,583 Shares of ALPS Disruptive Technologies ETF (NYSEARCA:DTEC)

LPL Financial LLC lessened its stake in ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,462 shares of the company’s stock after selling 1,583 shares during the period. LPL Financial LLC’s holdings in ALPS Disruptive Technologies ETF were worth $1,562,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in ALPS Disruptive Technologies ETF during the fourth quarter valued at about $1,554,000. Sincerus Advisory LLC bought a new stake in ALPS Disruptive Technologies ETF in the 4th quarter worth approximately $328,000. GPS Wealth Strategies Group LLC boosted its stake in ALPS Disruptive Technologies ETF by 63.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,444 shares of the company’s stock worth $65,000 after buying an additional 559 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in ALPS Disruptive Technologies ETF during the fourth quarter valued at approximately $296,000. Finally, Virtu Financial LLC bought a new stake in shares of ALPS Disruptive Technologies ETF in the 3rd quarter worth approximately $569,000.

ALPS Disruptive Technologies ETF Stock Down 0.2 %

NYSEARCA DTEC opened at $41.37 on Friday. The firm has a market cap of $79.84 million, a price-to-earnings ratio of 27.07 and a beta of 1.17. The company has a 50-day simple moving average of $44.49 and a two-hundred day simple moving average of $45.30. ALPS Disruptive Technologies ETF has a 12-month low of $37.11 and a 12-month high of $48.72.

About ALPS Disruptive Technologies ETF

The ALPS Disruptive Technologies ETF (DTEC) is an exchange-traded fund that is based on the Indxx Disruptive Technologies index. The fund tracks an index of 100 global companies that are involved in disruptive technologies across 10 themes. DTEC was launched on Dec 29, 2017 and is managed by ALPS.