Jones Financial Companies Lllp Grows Stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

Jones Financial Companies Lllp increased its stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 36.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,538 shares of the company’s stock after acquiring an additional 409 shares during the period. Jones Financial Companies Lllp owned approximately 0.05% of ALPS Equal Sector Weight ETF worth $193,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BostonPremier Wealth LLC purchased a new position in ALPS Equal Sector Weight ETF in the fourth quarter worth about $273,000. Delta Capital Management LLC purchased a new position in ALPS Equal Sector Weight ETF in the fourth quarter worth about $338,000. CreativeOne Wealth LLC purchased a new position in ALPS Equal Sector Weight ETF in the third quarter worth about $764,000. Stratos Wealth Partners LTD. grew its position in ALPS Equal Sector Weight ETF by 3.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 12,617 shares of the company’s stock worth $1,580,000 after acquiring an additional 432 shares in the last quarter. Finally, PUREfi Wealth LLC purchased a new position in ALPS Equal Sector Weight ETF in the fourth quarter worth about $1,881,000.

ALPS Equal Sector Weight ETF Trading Down 0.9 %

EQL opened at $122.98 on Friday. ALPS Equal Sector Weight ETF has a 12 month low of $112.38 and a 12 month high of $133.48. The stock has a 50-day moving average of $128.64 and a 200 day moving average of $128.04. The firm has a market cap of $461.18 million, a P/E ratio of 23.64 and a beta of 0.97.

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.