Ndwm LLC Purchases 11,008 Shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

Ndwm LLC boosted its position in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 241.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 15,558 shares of the company’s stock after acquiring an additional 11,008 shares during the quarter. ALPS Equal Sector Weight ETF comprises approximately 1.6% of Ndwm LLC’s portfolio, making the stock its 12th largest holding. Ndwm LLC’s holdings in ALPS Equal Sector Weight ETF were worth $1,985,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Commonwealth Equity Services LLC boosted its stake in ALPS Equal Sector Weight ETF by 1.4% during the 1st quarter. Commonwealth Equity Services LLC now owns 14,260 shares of the company’s stock valued at $1,683,000 after purchasing an additional 200 shares during the last quarter. Cetera Advisors LLC boosted its stake in ALPS Equal Sector Weight ETF by 24.8% during the 1st quarter. Cetera Advisors LLC now owns 5,335 shares of the company’s stock valued at $629,000 after purchasing an additional 1,059 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in ALPS Equal Sector Weight ETF during the 1st quarter valued at about $216,000. Raymond James & Associates boosted its stake in ALPS Equal Sector Weight ETF by 5.2% during the 2nd quarter. Raymond James & Associates now owns 80,426 shares of the company’s stock valued at $9,481,000 after purchasing an additional 4,007 shares during the last quarter. Finally, ORG Partners LLC acquired a new position in ALPS Equal Sector Weight ETF during the 2nd quarter valued at about $656,000.

ALPS Equal Sector Weight ETF Stock Down 0.1 %

Shares of NYSEARCA EQL opened at $128.23 on Wednesday. ALPS Equal Sector Weight ETF has a twelve month low of $95.90 and a twelve month high of $129.37. The stock’s 50 day moving average price is $125.50 and its 200-day moving average price is $120.38. The company has a market capitalization of $371.86 million, a PE ratio of 21.23 and a beta of 0.83.

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.