ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Stock Falls 0.9% – Here’s Why

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) dropped 0.9% during mid-day trading on Tuesday. The stock traded as low as $73.02 and last traded at $73.22. 23,944 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 38,845 shares. The stock had previously closed at $73.86.

ALPS Sector Dividend Dogs ETF Price Performance

The firm has a market cap of $1.45 billion, a PE ratio of 15.06 and a beta of 0.71. The business’s 50 day moving average price is $71.29 and its 200 day moving average price is $68.54.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Compass Financial Management LLC purchased a new position in ALPS Sector Dividend Dogs ETF in the 2nd quarter valued at $28,000. Phillip James Consulting Co. acquired a new stake in ALPS Sector Dividend Dogs ETF during the 1st quarter worth $36,000. SOA Wealth Advisors LLC. grew its holdings in shares of ALPS Sector Dividend Dogs ETF by 258.1% during the first quarter. SOA Wealth Advisors LLC. now owns 555 shares of the company’s stock worth $36,000 after buying an additional 400 shares in the last quarter. Western Wealth Management LLC purchased a new stake in shares of ALPS Sector Dividend Dogs ETF during the first quarter worth $152,000. Finally, Independent Financial Group LLC purchased a new position in shares of ALPS Sector Dividend Dogs ETF in the first quarter worth about $261,000.

About ALPS Sector Dividend Dogs ETF

The ALPS Sector Dividend Dogs ETF (SDOG) is an exchange-traded fund that is based on the S-Network Sector Dividend Dogs index. The fund tracks an equal-weighted index of the five highest-yielding S&P 500 securities in each sector. SDOG was launched on Jun 29, 2012 and is managed by ALPS.