JPMorgan Chase & Co. acquired a new stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,806 shares of the company’s stock, valued at approximately $477,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in ALPS Equal Sector Weight ETF during the 4th quarter worth approximately $35,317,000. PUREfi Wealth LLC bought a new position in shares of ALPS Equal Sector Weight ETF during the fourth quarter valued at $1,881,000. LPL Financial LLC lifted its holdings in shares of ALPS Equal Sector Weight ETF by 9.7% during the fourth quarter. LPL Financial LLC now owns 59,846 shares of the company’s stock worth $7,496,000 after purchasing an additional 5,309 shares during the period. Delta Capital Management LLC bought a new stake in shares of ALPS Equal Sector Weight ETF in the fourth quarter worth $338,000. Finally, BostonPremier Wealth LLC acquired a new stake in ALPS Equal Sector Weight ETF in the fourth quarter valued at $273,000.
ALPS Equal Sector Weight ETF Trading Down 0.2 %
Shares of EQL opened at $41.05 on Thursday. The stock’s 50-day moving average price is $41.15 and its two-hundred day moving average price is $42.37. ALPS Equal Sector Weight ETF has a 12 month low of $36.66 and a 12 month high of $44.49. The company has a market capitalization of $518.46 million, a PE ratio of 22.26 and a beta of 0.94.
ALPS Equal Sector Weight ETF Cuts Dividend
ALPS Equal Sector Weight ETF Profile
The ALPS Equal Sector Weight ETF (EQL) is an exchange-traded fund that is based on the NYSE Select Sector Equal Weight index. The fund tracks an equal-weighted index of all select sector SPDR ETFs. EQL was launched on Jul 7, 2009 and is managed by ALPS.
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