ALPS Equal Sector Weight ETF (NYSEARCA:EQL) Sets New 52-Week High – What’s Next?

ALPS Equal Sector Weight ETF (NYSEARCA:EQL)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $46.74 and last traded at $46.75, with a volume of 17472 shares changing hands. The stock had previously closed at $46.47.

ALPS Equal Sector Weight ETF Trading Down 0.3%

The firm has a market capitalization of $531.70 million, a price-to-earnings ratio of 22.84 and a beta of 0.91. The firm has a fifty day moving average price of $46.01 and a 200 day moving average price of $45.02.

Institutional Trading of ALPS Equal Sector Weight ETF

Large investors have recently made changes to their positions in the business. Raymond James Financial Inc. raised its holdings in shares of ALPS Equal Sector Weight ETF by 6.9% in the first quarter. Raymond James Financial Inc. now owns 301,508 shares of the company’s stock valued at $37,981,000 after buying an additional 19,535 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in ALPS Equal Sector Weight ETF by 1.9% during the 1st quarter. Kestra Advisory Services LLC now owns 13,164 shares of the company’s stock worth $1,658,000 after acquiring an additional 248 shares during the last quarter. CreativeOne Wealth LLC increased its position in ALPS Equal Sector Weight ETF by 15.5% in the 1st quarter. CreativeOne Wealth LLC now owns 8,446 shares of the company’s stock valued at $1,064,000 after acquiring an additional 1,131 shares in the last quarter. Royal Bank of Canada raised its stake in shares of 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. Finally, Jones Financial Companies Lllp raised its stake in shares of ALPS Equal Sector Weight ETF by 68.8% in the first quarter. Jones Financial Companies Lllp now owns 2,596 shares of the company’s stock worth $324,000 after acquiring an additional 1,058 shares during the last quarter.

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.