ALPS Equal Sector Weight ETF $EQL Shares Newly Acquired by Avestar Capital LLC

Avestar Capital LLC purchased a new stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 28,679 shares of the company’s stock, valued at approximately $1,437,000.

A number of other large investors also recently bought and sold shares of the business. Bank of America Corp DE raised its stake in shares of ALPS Equal Sector Weight ETF by 8.4% during the 1st quarter. Bank of America Corp DE now owns 1,671,352 shares of the company’s stock worth $79,490,000 after buying an additional 129,221 shares during the period. Perryman Financial Advisory Inc. AD grew its position in shares of ALPS Equal Sector Weight ETF by 9.6% in the third quarter. Perryman Financial Advisory Inc. AD now owns 152,153 shares of the company’s stock valued at $7,621,000 after purchasing an additional 13,349 shares during the period. Gateway Wealth Partners LLC grew its position in shares of ALPS Equal Sector Weight ETF by 76.2% in the first quarter. Gateway Wealth Partners LLC now owns 82,814 shares of the company’s stock valued at $3,939,000 after purchasing an additional 35,826 shares during the period. Summit Financial Wealth Advisors LLC increased its stake in shares of ALPS Equal Sector Weight ETF by 1.3% during the third quarter. Summit Financial Wealth Advisors LLC now owns 75,128 shares of the company’s stock worth $3,763,000 after purchasing an additional 983 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of ALPS Equal Sector Weight ETF by 10.9% during the first quarter. Royal Bank of Canada now owns 59,054 shares of the company’s stock worth $2,808,000 after purchasing an additional 5,808 shares in the last quarter.

ALPS Equal Sector Weight ETF Trading Down 0.3%

Shares of ALPS Equal Sector Weight ETF stock opened at $51.89 on Friday. ALPS Equal Sector Weight ETF has a twelve month low of $44.76 and a twelve month high of $52.66. The firm has a market capitalization of $784.58 million, a PE ratio of 22.84 and a beta of 0.84. The firm’s 50-day moving average price is $51.48 and its 200 day moving average price is $50.16.

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.