Revolve Wealth Partners LLC Acquires New Position in ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

Revolve Wealth Partners LLC acquired a new stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,830 shares of the company’s stock, valued at approximately $216,000. Revolve Wealth Partners LLC owned about 0.06% of ALPS Equal Sector Weight ETF as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Comprehensive Financial Consultants Institutional Inc. purchased a new position in ALPS Equal Sector Weight ETF during the 4th quarter worth approximately $212,000. Ritholtz Wealth Management acquired a new stake in shares of ALPS Equal Sector Weight ETF during the 4th quarter worth approximately $212,000. Kestra Advisory Services LLC acquired a new stake in shares of ALPS Equal Sector Weight ETF during the 3rd quarter worth approximately $279,000. Wealth Effects LLC acquired a new stake in shares of ALPS Equal Sector Weight ETF during the 4th quarter worth approximately $506,000. Finally, Stratos Wealth Partners LTD. grew its stake in shares of ALPS Equal Sector Weight ETF by 14.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 7,442 shares of the company’s stock worth $815,000 after purchasing an additional 922 shares during the period.

ALPS Equal Sector Weight ETF Price Performance

Shares of NYSEARCA EQL opened at $117.96 on Friday. The stock has a market capitalization of $342.08 million, a price-to-earnings ratio of 21.23 and a beta of 0.83. ALPS Equal Sector Weight ETF has a 12 month low of $95.90 and a 12 month high of $119.19. The firm’s 50 day simple moving average is $116.85 and its 200-day simple moving average is $113.83.

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.