Corient Private Wealth LLC Makes New Investment in ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

Corient Private Wealth LLC acquired a new stake in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 2,175 shares of the company’s stock, valued at approximately $272,000. Corient Private Wealth LLC owned about 0.08% of ALPS Equal Sector Weight ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp lifted its stake in shares of ALPS Equal Sector Weight ETF by 36.2% during the 4th quarter. Jones Financial Companies Lllp now owns 1,538 shares of the company’s stock worth $193,000 after acquiring an additional 409 shares during the last quarter. BostonPremier Wealth LLC bought a new stake in shares of ALPS Equal Sector Weight ETF during the fourth quarter worth $273,000. Delta Capital Management LLC purchased a new stake in shares of ALPS Equal Sector Weight ETF during the fourth quarter valued at $338,000. Commonwealth Equity Services LLC increased its stake in ALPS Equal Sector Weight ETF by 7.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,620 shares of the company’s stock worth $1,455,000 after buying an additional 757 shares during the period. Finally, Stratos Wealth Partners LTD. lifted its holdings in ALPS Equal Sector Weight ETF by 3.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 12,617 shares of the company’s stock valued at $1,580,000 after buying an additional 432 shares in the last quarter.

ALPS Equal Sector Weight ETF Stock Up 0.8 %

Shares of NYSEARCA:EQL opened at $125.97 on Tuesday. ALPS Equal Sector Weight ETF has a 52-week low of $37.46 and a 52-week high of $44.49. The stock has a market cap of $488.76 million, a P/E ratio of 22.58 and a beta of 0.97. The business’s 50 day moving average is $128.64 and its 200 day moving average is $128.32.

ALPS Equal Sector Weight ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a $0.5074 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This is a boost from ALPS Equal Sector Weight ETF’s previous dividend of $0.49.

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.