Cetera Investment Advisers boosted its position in ALPS Equal Sector Weight ETF (NYSEARCA:EQL – Free Report) by 5.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 79,879 shares of the company’s stock after purchasing an additional 4,044 shares during the period. Cetera Investment Advisers’ holdings in ALPS Equal Sector Weight ETF were worth $10,062,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Mountain Capital Investment Advisors Inc. purchased a new stake in shares of ALPS Equal Sector Weight ETF during the first quarter valued at approximately $135,340,000. Raymond James Financial Inc. purchased a new stake in ALPS Equal Sector Weight ETF in the fourth quarter worth $35,317,000. GTS Securities LLC purchased a new stake in ALPS Equal Sector Weight ETF in the fourth quarter worth $2,053,000. Ameriprise Financial Inc. lifted its stake in ALPS Equal Sector Weight ETF by 420.5% in the fourth quarter. Ameriprise Financial Inc. now owns 19,513 shares of the company’s stock worth $2,444,000 after acquiring an additional 15,764 shares during the period. Finally, ORG Partners LLC lifted its stake in ALPS Equal Sector Weight ETF by 243.2% in the first quarter. ORG Partners LLC now owns 19,056 shares of the company’s stock worth $2,400,000 after acquiring an additional 13,503 shares during the period.
ALPS Equal Sector Weight ETF Stock Down 0.5%
Shares of EQL stock opened at $44.55 on Thursday. The stock has a fifty day moving average of $43.66 and a 200 day moving average of $42.56. ALPS Equal Sector Weight ETF has a 52 week low of $36.66 and a 52 week high of $45.01. The firm has a market capitalization of $537.94 million, a price-to-earnings ratio of 22.84 and a beta of 0.95.
About ALPS Equal Sector Weight ETF
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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Want to see what other hedge funds are holding EQL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ALPS Equal Sector Weight ETF (NYSEARCA:EQL – Free Report).
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