Stratos Wealth Partners LTD. grew its holdings in ALPS Equal Sector Weight ETF (NYSEARCA:EQL – Free Report) by 281.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 48,005 shares of the company’s stock after acquiring an additional 35,413 shares during the period. Stratos Wealth Partners LTD.’s holdings in ALPS Equal Sector Weight ETF were worth $2,105,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in shares of ALPS Equal Sector Weight ETF in the first quarter valued at approximately $44,000. AE Wealth Management LLC acquired a new stake in ALPS Equal Sector Weight ETF during the 1st quarter worth approximately $78,000. Blue Trust Inc. acquired a new stake in ALPS Equal Sector Weight ETF during the 2nd quarter worth approximately $38,000. Advisor Resource Council acquired a new stake in ALPS Equal Sector Weight ETF during the 1st quarter worth approximately $295,000. Finally, Jones Financial Companies Lllp lifted its holdings in ALPS Equal Sector Weight ETF by 68.8% during the 1st quarter. Jones Financial Companies Lllp now owns 2,596 shares of the company’s stock worth $324,000 after purchasing an additional 1,058 shares during the last quarter.
ALPS Equal Sector Weight ETF Trading Up 0.5%
NYSEARCA:EQL opened at $45.81 on Monday. The stock has a market cap of $522.23 million, a P/E ratio of 22.84 and a beta of 0.95. The stock has a 50 day simple moving average of $45.49 and a 200 day simple moving average of $43.57. ALPS Equal Sector Weight ETF has a 1-year low of $36.66 and a 1-year high of $46.38.
About ALPS Equal Sector Weight ETF
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.
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Want to see what other hedge funds are holding EQL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ALPS Equal Sector Weight ETF (NYSEARCA:EQL – Free Report).
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