ALPS Equal Sector Weight ETF $EQL Stock Holdings Lessened by Cetera Investment Advisers

Cetera Investment Advisers lessened its holdings in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 8.9% in the first quarter, Holdings Channel.com reports. The institutional investor owned 174,009 shares of the company’s stock after selling 16,947 shares during the quarter. Cetera Investment Advisers’ holdings in ALPS Equal Sector Weight ETF were worth $8,276,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in ALPS Equal Sector Weight ETF by 20.4% in the first quarter. Royal Bank of Canada now owns 11,607 shares of the company’s stock worth $1,462,000 after acquiring an additional 1,967 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of ALPS Equal Sector Weight ETF by 68.8% during the first quarter. Jones Financial Companies Lllp now owns 2,596 shares of the company’s stock valued at $324,000 after purchasing an additional 1,058 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of ALPS Equal Sector Weight ETF during the second quarter valued at approximately $164,000. Raymond James Financial Inc. raised its position in shares of ALPS Equal Sector Weight ETF by 205.9% during the 2nd quarter. Raymond James Financial Inc. now owns 922,171 shares of the company’s stock worth $40,434,000 after purchasing an additional 620,663 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of ALPS Equal Sector Weight ETF by 135.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 397,308 shares of the company’s stock worth $17,426,000 after purchasing an additional 228,690 shares during the period.

ALPS Equal Sector Weight ETF Trading Up 0.6%

Shares of NYSEARCA EQL opened at $51.08 on Friday. The company has a market cap of $757.01 million, a price-to-earnings ratio of 22.84 and a beta of 0.84. ALPS Equal Sector Weight ETF has a 12-month low of $43.58 and a 12-month high of $51.43. The stock’s 50 day simple moving average is $50.63 and its 200 day simple moving average is $49.46.

About ALPS Equal Sector Weight ETF

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.