Sherry Group Inc. Acquires Shares of 36,521 ALPS Equal Sector Weight ETF $EQL

Sherry Group Inc. acquired a new stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 36,521 shares of the company’s stock, valued at approximately $1,706,000. ALPS Equal Sector Weight ETF comprises about 1.8% of Sherry Group Inc.’s portfolio, making the stock its 16th biggest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE boosted its stake in ALPS Equal Sector Weight ETF by 3.1% in the third quarter. Bank of America Corp DE now owns 1,469,010 shares of the company’s stock valued at $67,619,000 after acquiring an additional 44,753 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of ALPS Equal Sector Weight ETF by 205.9% during the second quarter. Raymond James Financial Inc. now owns 922,171 shares of the company’s stock worth $40,434,000 after purchasing an additional 620,663 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of ALPS Equal Sector Weight ETF by 135.6% during the second quarter. Ameriprise Financial Inc. now owns 397,308 shares of the company’s stock worth $17,426,000 after purchasing an additional 228,690 shares in the last quarter. UBS Group AG boosted its position in shares of ALPS Equal Sector Weight ETF by 7.4% during the third quarter. UBS Group AG now owns 98,731 shares of the company’s stock worth $4,545,000 after purchasing an additional 6,777 shares in the last quarter. Finally, Summit Financial Wealth Advisors LLC bought a new position in shares of ALPS Equal Sector Weight ETF during the fourth quarter worth $3,169,000.

ALPS Equal Sector Weight ETF Price Performance

Shares of NYSEARCA EQL opened at $49.88 on Monday. The company’s fifty day moving average is $48.80 and its 200-day moving average is $47.81. The stock has a market cap of $692.33 million, a price-to-earnings ratio of 22.84 and a beta of 0.85. ALPS Equal Sector Weight ETF has a twelve month low of $41.90 and a twelve month high of $50.56.

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.