ALPS Electrification Infrastructure ETF $ELFY Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its holdings in shares of ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) by 904.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,034 shares of the company’s stock after acquiring an additional 22,541 shares during the period. Farther Finance Advisors LLC owned approximately 0.82% of ALPS Electrification Infrastructure ETF worth $881,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Tripletail Wealth Management LLC bought a new position in shares of ALPS Electrification Infrastructure ETF in the third quarter worth $27,000. Noble Wealth Management PBC raised its stake in shares of ALPS Electrification Infrastructure ETF by 1,496.6% during the fourth quarter. Noble Wealth Management PBC now owns 7,983 shares of the company’s stock valued at $281,000 after purchasing an additional 7,483 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in ALPS Electrification Infrastructure ETF in the third quarter worth about $390,000. BXM Wealth LLC acquired a new stake in ALPS Electrification Infrastructure ETF in the fourth quarter worth about $470,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in ALPS Electrification Infrastructure ETF in the 4th quarter valued at about $749,000.

ALPS Electrification Infrastructure ETF Trading Up 1.1%

ALPS Electrification Infrastructure ETF stock opened at $43.04 on Friday. ALPS Electrification Infrastructure ETF has a 52 week low of $27.49 and a 52 week high of $43.20. The stock has a market cap of $163.12 million, a price-to-earnings ratio of 21.95 and a beta of 1.39. The company’s 50-day moving average price is $40.65 and its two-hundred day moving average price is $38.04.

ALPS Electrification Infrastructure ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Thursday, March 19th were issued a $0.1046 dividend. The ex-dividend date was Thursday, March 19th. This represents a $0.42 annualized dividend and a dividend yield of 1.0%.

ALPS Electrification Infrastructure ETF Company Profile

The ALPS Electrification Infrastructure ETF is an exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the underlying index, which focuses on companies involved in the electrification infrastructure sector.