Gateway Wealth Partners LLC Decreases Stock Position in ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

Gateway Wealth Partners LLC trimmed its holdings in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) by 1.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,547 shares of the company’s stock after selling 432 shares during the period. Gateway Wealth Partners LLC’s holdings in ALPS Equal Sector Weight ETF were worth $2,824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James & Associates increased its position in ALPS Equal Sector Weight ETF by 45.2% during the 3rd quarter. Raymond James & Associates now owns 116,805 shares of the company’s stock worth $14,902,000 after purchasing an additional 36,379 shares during the period. Cetera Investment Advisers grew its holdings in shares of ALPS Equal Sector Weight ETF by 393.2% in the 2nd quarter. Cetera Investment Advisers now owns 66,337 shares of the company’s stock worth $7,820,000 after acquiring an additional 52,887 shares during the period. Ndwm LLC lifted its stake in ALPS Equal Sector Weight ETF by 241.9% in the 3rd quarter. Ndwm LLC now owns 15,558 shares of the company’s stock valued at $1,985,000 after buying an additional 11,008 shares in the last quarter. CreativeOne Wealth LLC purchased a new stake in ALPS Equal Sector Weight ETF in the 3rd quarter valued at approximately $764,000. Finally, Delta Capital Management LLC purchased a new stake in ALPS Equal Sector Weight ETF in the 4th quarter valued at approximately $338,000.

ALPS Equal Sector Weight ETF Stock Down 0.4 %

Shares of ALPS Equal Sector Weight ETF stock opened at $129.56 on Wednesday. The firm has a market cap of $375.72 million, a PE ratio of 21.23 and a beta of 0.83. The business’s fifty day moving average is $128.77 and its two-hundred day moving average is $126.13. ALPS Equal Sector Weight ETF has a fifty-two week low of $109.23 and a fifty-two week high of $133.48.

ALPS Equal Sector Weight ETF 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.