BostonPremier Wealth LLC Makes New Investment in ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

BostonPremier Wealth LLC acquired a new position in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 2,179 shares of the company’s stock, valued at approximately $273,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Ndwm LLC increased its holdings in shares of ALPS Equal Sector Weight ETF by 241.9% in the 3rd quarter. Ndwm LLC now owns 15,558 shares of the company’s stock valued at $1,985,000 after acquiring an additional 11,008 shares during the period. Raymond James & Associates increased its holdings in shares of ALPS Equal Sector Weight ETF by 45.2% in the 3rd quarter. Raymond James & Associates now owns 116,805 shares of the company’s stock valued at $14,902,000 after acquiring an additional 36,379 shares during the period. Delta Capital Management LLC acquired a new position in shares of ALPS Equal Sector Weight ETF in the 4th quarter valued at $338,000. CreativeOne Wealth LLC acquired a new position in shares of ALPS Equal Sector Weight ETF in the 3rd quarter valued at $764,000. Finally, Gateway Wealth Partners LLC increased its holdings in shares of ALPS Equal Sector Weight ETF by 9.9% in the 3rd quarter. Gateway Wealth Partners LLC now owns 22,979 shares of the company’s stock valued at $2,932,000 after acquiring an additional 2,070 shares during the period.

ALPS Equal Sector Weight ETF Price Performance

Shares of ALPS Equal Sector Weight ETF stock opened at $130.31 on Tuesday. The firm’s fifty day simple moving average is $128.41 and its 200-day simple moving average is $126.70. The stock has a market capitalization of $377.90 million, a price-to-earnings ratio of 21.23 and a beta of 0.83. ALPS Equal Sector Weight ETF has a 12 month low of $109.56 and a 12 month high of $133.48.

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.