ALPS Electrification Infrastructure ETF $ELFY Stock Position Lessened by Farther Finance Advisors LLC

Farther Finance Advisors LLC decreased its stake in shares of ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) by 93.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,443 shares of the company’s stock after selling 21,893 shares during the period. Farther Finance Advisors LLC’s holdings in ALPS Electrification Infrastructure ETF were worth $56,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of ELFY. Redhawk Wealth Advisors Inc. grew its stake in shares of ALPS Electrification Infrastructure ETF by 71.2% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 246,250 shares of the company’s stock worth $11,067,000 after acquiring an additional 102,450 shares in the last quarter. NewEdge Advisors LLC grew its position in ALPS Electrification Infrastructure ETF by 578.8% in the 2nd quarter. NewEdge Advisors LLC now owns 40,678 shares of the company’s stock worth $1,828,000 after purchasing an additional 34,685 shares in the last quarter. Cetera Investment Advisers grew its position in ALPS Electrification Infrastructure ETF by 232.0% in the 1st quarter. Cetera Investment Advisers now owns 26,909 shares of the company’s stock worth $1,058,000 after purchasing an additional 18,803 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in ALPS Electrification Infrastructure ETF by 125.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,815 shares of the company’s stock valued at $935,000 after buying an additional 11,598 shares during the last quarter. Finally, Diversify Wealth Management LLC bought a new position in shares of ALPS Electrification Infrastructure ETF during the 1st quarter worth approximately $455,000.

ALPS Electrification Infrastructure ETF Trading Down 2.1%

Shares of ALPS Electrification Infrastructure ETF stock opened at $37.73 on Friday. The business’s fifty day simple moving average is $39.27 and its 200 day simple moving average is $41.05. ALPS Electrification Infrastructure ETF has a 12 month low of $34.31 and a 12 month high of $45.92. The firm has a market capitalization of $174.31 million, a P/E ratio of 21.95 and a beta of 1.03.

ALPS Electrification Infrastructure ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Thursday, September 17th were paid a dividend of $0.1104 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, September 17th. This is an increase from ALPS Electrification Infrastructure ETF’s previous quarterly dividend of $0.1065.

About ALPS Electrification Infrastructure ETF

The ALPS Electrification Infrastructure ETF is an exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the underlying index, which focuses on companies involved in the electrification infrastructure sector.