Cetera Investment Advisers Has $9.50 Million Stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

Cetera Investment Advisers lifted its stake in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 6.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 75,835 shares of the company’s stock after buying an additional 4,548 shares during the quarter. Cetera Investment Advisers owned about 2.62% of ALPS Equal Sector Weight ETF worth $9,498,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp increased its position in ALPS Equal Sector Weight ETF by 36.2% in the 4th quarter. Jones Financial Companies Lllp now owns 1,538 shares of the company’s stock valued at $193,000 after buying an additional 409 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in ALPS Equal Sector Weight ETF by 3.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 12,617 shares of the company’s stock valued at $1,580,000 after buying an additional 432 shares in the last quarter. Smith Moore & CO. increased its position in ALPS Equal Sector Weight ETF by 4.4% in the 4th quarter. Smith Moore & CO. now owns 10,650 shares of the company’s stock valued at $1,334,000 after buying an additional 450 shares in the last quarter. GeoWealth Management LLC bought a new stake in ALPS Equal Sector Weight ETF in the 4th quarter valued at about $82,000. Finally, Commonwealth Equity Services LLC increased its position in ALPS Equal Sector Weight ETF by 7.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,620 shares of the company’s stock valued at $1,455,000 after buying an additional 757 shares in the last quarter.

ALPS Equal Sector Weight ETF Price Performance

Shares of ALPS Equal Sector Weight ETF stock opened at $41.61 on Monday. ALPS Equal Sector Weight ETF has a one year low of $36.66 and a one year high of $44.49. The firm has a market capitalization of $525.53 million, a price-to-earnings ratio of 22.26 and a beta of 0.94. The business has a 50-day simple moving average of $40.92 and a 200 day simple moving average of $42.30.

ALPS Equal Sector Weight ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.1691 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.