ALPS Equal Sector Weight ETF $EQL Stock Holdings Boosted by Sherry Group Inc.

Sherry Group Inc. lifted its stake in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 29.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,523 shares of the company’s stock after purchasing an additional 11,620 shares during the period. ALPS Equal Sector Weight ETF makes up about 2.4% of Sherry Group Inc.’s holdings, making the stock its 10th biggest position. Sherry Group Inc.’s holdings in ALPS Equal Sector Weight ETF were worth $2,531,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Bank of America Corp DE lifted its holdings in shares of ALPS Equal Sector Weight ETF by 8.4% during the first quarter. Bank of America Corp DE now owns 1,671,352 shares of the company’s stock valued at $79,490,000 after purchasing an additional 129,221 shares during the last quarter. Perryman Financial Advisory Inc. AD purchased a new position in ALPS Equal Sector Weight ETF in the 4th quarter worth about $5,606,000. Gateway Wealth Partners LLC raised its holdings in ALPS Equal Sector Weight ETF by 76.2% during the 1st quarter. Gateway Wealth Partners LLC now owns 82,814 shares of the company’s stock worth $3,939,000 after buying an additional 35,826 shares during the period. Summit Financial Wealth Advisors LLC raised its holdings in ALPS Equal Sector Weight ETF by 3.7% during the 1st quarter. Summit Financial Wealth Advisors LLC now owns 70,821 shares of the company’s stock worth $3,368,000 after buying an additional 2,498 shares during the period. Finally, Royal Bank of Canada lifted its stake in ALPS Equal Sector Weight ETF by 10.9% during the first quarter. Royal Bank of Canada now owns 59,054 shares of the company’s stock valued at $2,808,000 after buying an additional 5,808 shares in the last quarter.

ALPS Equal Sector Weight ETF Price Performance

Shares of EQL opened at $51.50 on Friday. The company has a 50-day moving average of $51.55 and a two-hundred day moving average of $50.50. The stock has a market cap of $754.48 million, a price-to-earnings ratio of 22.84 and a beta of 0.84. ALPS Equal Sector Weight ETF has a one year low of $44.76 and a one year high of $52.66.

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.