ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Shares Sold by Stifel Financial Corp

Stifel Financial Corp reduced its position in shares of ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) by 42.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,954 shares of the company’s stock after selling 3,724 shares during the period. Stifel Financial Corp’s holdings in ALPS Disruptive Technologies ETF were worth $219,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in DTEC. Creative Planning acquired a new stake in ALPS Disruptive Technologies ETF during the 3rd quarter valued at approximately $206,000. Heritage Wealth Management Inc. acquired a new stake in shares of ALPS Disruptive Technologies ETF during the second quarter worth approximately $210,000. Townsquare Capital LLC bought a new stake in shares of ALPS Disruptive Technologies ETF in the third quarter worth $236,000. Tradition Wealth Management LLC raised its holdings in ALPS Disruptive Technologies ETF by 0.8% in the third quarter. Tradition Wealth Management LLC now owns 44,020 shares of the company’s stock valued at $1,950,000 after acquiring an additional 334 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in ALPS Disruptive Technologies ETF by 5.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 54,268 shares of the company’s stock valued at $2,236,000 after acquiring an additional 2,746 shares in the last quarter.

ALPS Disruptive Technologies ETF Price Performance

Shares of DTEC stock opened at $46.16 on Monday. The firm has a fifty day moving average of $45.62 and a two-hundred day moving average of $43.42. The firm has a market cap of $108.48 million, a P/E ratio of 35.78 and a beta of 1.24. ALPS Disruptive Technologies ETF has a 1-year low of $38.39 and a 1-year high of $48.07.

ALPS Disruptive Technologies ETF Company Profile

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.