ORG Partners LLC Purchases 13,503 Shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

ORG Partners LLC lifted its position in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 243.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,056 shares of the company’s stock after buying an additional 13,503 shares during the quarter. ORG Partners LLC’s holdings in ALPS Equal Sector Weight ETF were worth $2,400,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of EQL. Farther Finance Advisors LLC bought a new position in ALPS Equal Sector Weight ETF during the first quarter worth about $44,000. GeoWealth Management LLC bought a new stake in ALPS Equal Sector Weight ETF in the 4th quarter valued at about $82,000. Jones Financial Companies Lllp grew its position in shares of ALPS Equal Sector Weight ETF by 36.2% during the 4th quarter. Jones Financial Companies Lllp now owns 1,538 shares of the company’s stock worth $193,000 after purchasing an additional 409 shares in the last quarter. Corient Private Wealth LLC acquired a new position in shares of ALPS Equal Sector Weight ETF during the 4th quarter worth approximately $272,000. Finally, Lido Advisors LLC bought a new position in shares of ALPS Equal Sector Weight ETF during the fourth quarter worth approximately $288,000.

ALPS Equal Sector Weight ETF Trading Down 0.1%

Shares of EQL opened at $43.01 on Friday. ALPS Equal Sector Weight ETF has a 12 month low of $36.66 and a 12 month high of $44.49. The firm’s 50 day moving average is $41.90 and its 200-day moving average is $42.23. The stock has a market capitalization of $518.27 million, a PE ratio of 22.84 and a beta of 0.92.

ALPS Equal Sector Weight ETF Cuts Dividend

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