ALPS Equal Sector Weight ETF (NYSEARCA:EQL) Position Trimmed by Fmr LLC

Fmr LLC lessened its stake in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 15.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,909 shares of the company’s stock after selling 350 shares during the period. Fmr LLC owned about 0.07% of ALPS Equal Sector Weight ETF worth $244,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. 1900 Wealth Management LLC purchased a new stake in shares of ALPS Equal Sector Weight ETF during the second quarter valued at $1,106,000. Ndwm LLC raised its holdings in ALPS Equal Sector Weight ETF by 241.9% during the 3rd quarter. Ndwm LLC now owns 15,558 shares of the company’s stock worth $1,985,000 after buying an additional 11,008 shares during the period. Gateway Wealth Partners LLC lifted its stake in ALPS Equal Sector Weight ETF by 9.9% during the third quarter. Gateway Wealth Partners LLC now owns 22,979 shares of the company’s stock valued at $2,932,000 after buying an additional 2,070 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of ALPS Equal Sector Weight ETF by 393.2% in the second quarter. Cetera Investment Advisers now owns 66,337 shares of the company’s stock worth $7,820,000 after buying an additional 52,887 shares during the period. Finally, Raymond James & Associates boosted its holdings in shares of ALPS Equal Sector Weight ETF by 5.2% in the second quarter. Raymond James & Associates now owns 80,426 shares of the company’s stock worth $9,481,000 after buying an additional 4,007 shares during the period.

ALPS Equal Sector Weight ETF Price Performance

EQL stock opened at $126.20 on Friday. The firm has a market capitalization of $365.98 million, a P/E ratio of 21.23 and a beta of 0.83. ALPS Equal Sector Weight ETF has a 52-week low of $107.13 and a 52-week high of $133.48. The company’s 50 day simple moving average is $129.53 and its 200-day simple moving average is $124.41.

ALPS Equal Sector Weight ETF 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.