Maltin Wealth Management Inc. Acquires New Shares in ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

Maltin Wealth Management Inc. purchased a new stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,725 shares of the company’s stock, valued at approximately $793,000. Maltin Wealth Management Inc. owned about 0.23% of ALPS Equal Sector Weight ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of EQL. Kestra Advisory Services LLC purchased a new position in ALPS Equal Sector Weight ETF during the third quarter worth about $279,000. LPL Financial LLC raised its position in ALPS Equal Sector Weight ETF by 8.2% in the third quarter. LPL Financial LLC now owns 47,423 shares of the company’s stock valued at $4,757,000 after purchasing an additional 3,583 shares during the period. Raymond James & Associates lifted its stake in ALPS Equal Sector Weight ETF by 9.9% during the fourth quarter. Raymond James & Associates now owns 72,689 shares of the company’s stock worth $7,962,000 after purchasing an additional 6,519 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of ALPS Equal Sector Weight ETF by 25.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 146,213 shares of the company’s stock worth $16,016,000 after buying an additional 29,355 shares during the period. Finally, Ritholtz Wealth Management acquired a new position in ALPS Equal Sector Weight ETF during the 4th quarter worth about $212,000.

ALPS Equal Sector Weight ETF Trading Up 0.2 %

ALPS Equal Sector Weight ETF stock traded up $0.22 during midday trading on Friday, reaching $118.18. 6,181 shares of the stock traded hands, compared to its average volume of 11,676. The firm has a market cap of $342.72 million, a PE ratio of 21.23 and a beta of 0.83. The company has a 50-day simple moving average of $116.85 and a two-hundred day simple moving average of $113.83. ALPS Equal Sector Weight ETF has a 12-month low of $95.90 and a 12-month high of $119.19.

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.