ALPS Equal Sector Weight ETF (NYSEARCA:EQL) Stock Short Interest Report for September

ALPS Equal Sector Weight ETF (NYSEARCA:EQL) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 5,866 shares, a decrease of 64.5% from the September 15th total of 16,528 shares. Based on an average daily trading volume, of 48,722 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On ALPS Equal Sector Weight ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EQL. Bank of America Corp DE grew its position in 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 worth $79,490,000 after buying an additional 129,221 shares in the last quarter. Gateway Wealth Partners LLC increased its stake 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 acquiring an additional 35,826 shares during the period. Sherry Group Inc. increased its stake in ALPS Equal Sector Weight ETF by 29.9% during the 3rd quarter. Sherry Group Inc. now owns 50,523 shares of the company’s stock worth $2,531,000 after acquiring an additional 11,620 shares during the period. Perryman Financial Advisory Inc. AD acquired a new position in ALPS Equal Sector Weight ETF in the 4th quarter valued at $5,606,000. Finally, Ascentis Independent Advisors acquired a new position in ALPS Equal Sector Weight ETF in the 1st quarter valued at $627,000.

ALPS Equal Sector Weight ETF Trading Down 0.3%

NYSEARCA EQL traded down $0.17 during trading on Wednesday, reaching $51.58. The company’s stock had a trading volume of 22,613 shares, compared to its average volume of 63,715. The firm has a market capitalization of $776.28 million, a price-to-earnings ratio of 22.84 and a beta of 0.84. ALPS Equal Sector Weight ETF has a 12 month low of $44.76 and a 12 month high of $52.66. The firm has a 50 day moving average price of $51.54 and a 200 day moving average price of $50.61.

About ALPS Equal Sector Weight ETF

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.