ALPS Equal Sector Weight ETF (NYSEARCA:EQL) Stake Lowered by Fmr LLC

Fmr LLC lowered its position in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 15.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,909 shares of the company’s stock after selling 350 shares during the period. Fmr LLC’s holdings in ALPS Equal Sector Weight ETF were worth $244,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of EQL. 1900 Wealth Management LLC bought a new position in shares of ALPS Equal Sector Weight ETF in the 2nd quarter valued at approximately $1,106,000. Ndwm LLC grew its position in ALPS Equal Sector Weight ETF by 241.9% in the 3rd quarter. Ndwm LLC now owns 15,558 shares of the company’s stock worth $1,985,000 after purchasing an additional 11,008 shares during the last quarter. Gateway Wealth Partners LLC increased its holdings in shares of ALPS Equal Sector Weight ETF by 9.9% during the 3rd quarter. Gateway Wealth Partners LLC now owns 22,979 shares of the company’s stock worth $2,932,000 after purchasing an additional 2,070 shares during the period. Cetera Investment Advisers raised its position in shares of ALPS Equal Sector Weight ETF by 393.2% during the second quarter. Cetera Investment Advisers now owns 66,337 shares of the company’s stock valued at $7,820,000 after buying an additional 52,887 shares during the last quarter. Finally, Raymond James & Associates grew its position in ALPS Equal Sector Weight ETF by 5.2% during the second quarter. Raymond James & Associates now owns 80,426 shares of the company’s stock worth $9,481,000 after buying an additional 4,007 shares in the last quarter.

ALPS Equal Sector Weight ETF Stock Up 1.0 %

ALPS Equal Sector Weight ETF stock opened at $126.20 on Friday. The business has a 50 day moving average price of $129.53 and a two-hundred day moving average price of $124.41. ALPS Equal Sector Weight ETF has a 12 month low of $107.13 and a 12 month high of $133.48. The stock has a market cap of $365.98 million, a price-to-earnings ratio of 21.23 and a beta of 0.83.

ALPS Equal Sector Weight ETF Company 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.