Ndwm LLC Buys 11,008 Shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

Ndwm LLC increased its stake in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 241.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,558 shares of the company’s stock after buying an additional 11,008 shares during the quarter. ALPS Equal Sector Weight ETF accounts for about 1.6% of Ndwm LLC’s investment portfolio, making the stock its 12th largest position. Ndwm LLC owned 0.54% of ALPS Equal Sector Weight ETF worth $1,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Revolve Wealth Partners LLC bought a new position in shares of ALPS Equal Sector Weight ETF during the 1st quarter worth approximately $216,000. Cetera Advisors LLC increased its holdings in ALPS Equal Sector Weight ETF by 24.8% during the 1st quarter. Cetera Advisors LLC now owns 5,335 shares of the company’s stock valued at $629,000 after purchasing an additional 1,059 shares in the last quarter. ORG Partners LLC acquired a new stake in ALPS Equal Sector Weight ETF during the 2nd quarter valued at $656,000. Maltin Wealth Management Inc. acquired a new stake in ALPS Equal Sector Weight ETF during the 1st quarter valued at $793,000. Finally, 1900 Wealth Management LLC acquired a new stake in ALPS Equal Sector Weight ETF during the 2nd quarter valued at $1,106,000.

ALPS Equal Sector Weight ETF Price Performance

EQL stock opened at $128.23 on Wednesday. The business has a fifty day moving average price of $125.50 and a 200 day moving average price of $120.38. ALPS Equal Sector Weight ETF has a fifty-two week low of $95.90 and a fifty-two week high of $129.37. The stock has a market capitalization of $371.86 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.