Farther Finance Advisors LLC Invests $35,000 in ALPS Active REIT ETF $REIT

Farther Finance Advisors LLC purchased a new position in ALPS Active REIT ETF (NASDAQ:REIT) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,342 shares of the company’s stock, valued at approximately $35,000. Farther Finance Advisors LLC owned about 0.08% of ALPS Active REIT ETF at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. purchased a new position in shares of ALPS Active REIT ETF in the 1st quarter worth about $413,000. Arbor Capital Management Inc. ADV raised its position in shares of ALPS Active REIT ETF by 6.9% in the 1st quarter. Arbor Capital Management Inc. ADV now owns 26,540 shares of the company’s stock worth $726,000 after purchasing an additional 1,705 shares during the last quarter. Kestra Private Wealth Services LLC raised its position in shares of ALPS Active REIT ETF by 6.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 27,731 shares of the company’s stock worth $757,000 after purchasing an additional 1,747 shares during the last quarter. Arete Wealth Advisors LLC raised its position in shares of ALPS Active REIT ETF by 18.5% in the 1st quarter. Arete Wealth Advisors LLC now owns 29,107 shares of the company’s stock worth $795,000 after purchasing an additional 4,548 shares during the last quarter. Finally, Ellsworth Advisors LLC raised its position in shares of ALPS Active REIT ETF by 2.6% in the 1st quarter. Ellsworth Advisors LLC now owns 124,495 shares of the company’s stock worth $3,399,000 after purchasing an additional 3,169 shares during the last quarter.

ALPS Active REIT ETF Price Performance

REIT opened at $26.46 on Wednesday. ALPS Active REIT ETF has a 1 year low of $23.40 and a 1 year high of $30.26. The stock has a 50-day moving average price of $26.50 and a 200-day moving average price of $26.42. The firm has a market cap of $42.87 million, a PE ratio of 35.67 and a beta of 1.01.

ALPS Active REIT ETF Profile

The ALPS Active REIT ETF (REIT) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed ETF that provides exposure to publicly traded equity securities of US REITs. REIT was launched on Feb 25, 2021 and is issued by SS&C.