ALPS Equal Sector Weight ETF (NYSEARCA:EQL) Shares Sold by Total Investment Management Inc.

Total Investment Management Inc. decreased its position in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 14.8% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 2,293 shares of the company’s stock after selling 399 shares during the period. Total Investment Management Inc. owned 0.08% of ALPS Equal Sector Weight ETF worth $271,000 as of its most recent SEC filing.

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

ALPS Equal Sector Weight ETF Stock Performance

EQL traded down $0.07 on Friday, reaching $117.89. 11,266 shares of the company’s stock were exchanged, compared to its average volume of 11,717. ALPS Equal Sector Weight ETF has a twelve month low of $95.90 and a twelve month high of $119.19. The company’s 50 day moving average is $116.96 and its 200-day moving average is $113.91. The company has a market cap of $341.88 million, a price-to-earnings ratio of 21.23 and a beta of 0.83.

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.