AE Wealth Management LLC Grows Position in ALPS Equal Sector Weight ETF $EQL

AE Wealth Management LLC raised its position in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 1,350.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,965 shares of the company’s stock after buying an additional 8,347 shares during the quarter. AE Wealth Management LLC owned approximately 0.07% of ALPS Equal Sector Weight ETF worth $393,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Blue Trust Inc. acquired a new position in shares of ALPS Equal Sector Weight ETF in the 2nd quarter valued at $38,000. Crewe Advisors LLC boosted its stake in ALPS Equal Sector Weight ETF by 200.0% during the 2nd quarter. Crewe Advisors LLC now owns 1,800 shares of the company’s stock worth $79,000 after purchasing an additional 1,200 shares during the period. Jones Financial Companies Lllp grew its position in ALPS Equal Sector Weight ETF by 68.8% during the 1st quarter. Jones Financial Companies Lllp now owns 2,596 shares of the company’s stock worth $324,000 after purchasing an additional 1,058 shares during the last quarter. Ritholtz Wealth Management increased its stake in ALPS Equal Sector Weight ETF by 200.0% in the second quarter. Ritholtz Wealth Management now owns 5,814 shares of the company’s stock valued at $255,000 after purchasing an additional 3,876 shares during the period. Finally, HB Wealth Management LLC acquired a new position in ALPS Equal Sector Weight ETF in the second quarter valued at $284,000.

ALPS Equal Sector Weight ETF Stock Performance

Shares of EQL opened at $45.81 on Friday. ALPS Equal Sector Weight ETF has a fifty-two week low of $36.66 and a fifty-two week high of $46.71. The firm has a 50-day simple moving average of $45.89 and a 200-day simple moving average of $44.48. The company has a market capitalization of $522.23 million, a price-to-earnings ratio of 22.84 and a beta of 0.91.

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.