Raymond James & Associates Purchases 36,379 Shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

Raymond James & Associates increased its position in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 45.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 116,805 shares of the company’s stock after acquiring an additional 36,379 shares during the quarter. Raymond James & Associates owned about 4.03% of ALPS Equal Sector Weight ETF worth $14,902,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Ndwm LLC bought a new position in shares of ALPS Equal Sector Weight ETF in the first quarter worth about $531,000. Cetera Advisors LLC increased its position in ALPS Equal Sector Weight ETF by 24.8% in the 1st quarter. Cetera Advisors LLC now owns 5,335 shares of the company’s stock worth $629,000 after buying an additional 1,059 shares during the period. ORG Partners LLC acquired a new position in shares of ALPS Equal Sector Weight ETF during the second quarter worth approximately $656,000. 1900 Wealth Management LLC bought a new stake in shares of ALPS Equal Sector Weight ETF in the second quarter valued at approximately $1,106,000. Finally, Cetera Investment Advisers acquired a new stake in shares of ALPS Equal Sector Weight ETF in the first quarter worth $1,587,000.

ALPS Equal Sector Weight ETF Trading Down 0.4 %

Shares of EQL stock opened at $127.26 on Friday. ALPS Equal Sector Weight ETF has a 1 year low of $95.90 and a 1 year high of $129.37. The firm’s fifty day simple moving average is $125.87 and its 200 day simple moving average is $120.58. The firm has a market capitalization of $369.05 million, a P/E ratio of 21.23 and a beta of 0.83.

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.