Flow Traders U.S. LLC Acquires 25,012 Shares of ALPS Disruptive Technologies ETF $DTEC

Flow Traders U.S. LLC lifted its holdings in shares of ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) by 148.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 41,914 shares of the company’s stock after purchasing an additional 25,012 shares during the period. Flow Traders U.S. LLC’s holdings in ALPS Disruptive Technologies ETF were worth $1,822,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cetera Investment Advisers raised its holdings in shares of ALPS Disruptive Technologies ETF by 0.5% in the first quarter. Cetera Investment Advisers now owns 121,151 shares of the company’s stock valued at $5,266,000 after buying an additional 581 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in ALPS Disruptive Technologies ETF in the 4th quarter valued at about $1,554,000. Citadel Advisors LLC raised its stake in shares of ALPS Disruptive Technologies ETF by 46.3% in the fourth quarter. Citadel Advisors LLC now owns 10,697 shares of the company’s stock worth $485,000 after acquiring an additional 3,383 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of ALPS Disruptive Technologies ETF in the fourth quarter worth about $466,000. Finally, Virtu Financial LLC acquired a new position in shares of ALPS Disruptive Technologies ETF during the first quarter worth approximately $307,000.

ALPS Disruptive Technologies ETF Price Performance

DTEC opened at $50.37 on Friday. The stock has a market capitalization of $88.15 million, a P/E ratio of 29.18 and a beta of 1.15. The company’s 50 day simple moving average is $49.02 and its 200-day simple moving average is $46.59. ALPS Disruptive Technologies ETF has a one year low of $37.11 and a one year high of $50.48.

ALPS Disruptive Technologies ETF 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.