ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sees Large Volume Increase – Here’s Why

Shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw an uptick in trading volume on Wednesday . 161,039 shares traded hands during mid-day trading, an increase of 311% from the previous session’s volume of 39,160 shares.The stock last traded at $63.2330 and had previously closed at $62.40.

ALPS Sector Dividend Dogs ETF Price Performance

The company has a 50-day moving average price of $60.37 and a 200 day moving average price of $59.64. The firm has a market capitalization of $1.31 billion, a PE ratio of 15.06 and a beta of 0.82.

Institutional Trading of ALPS Sector Dividend Dogs ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cypress Wealth Services LLC grew its stake in shares of ALPS Sector Dividend Dogs ETF by 2.8% during the fourth quarter. Cypress Wealth Services LLC now owns 18,607 shares of the company’s stock valued at $1,125,000 after buying an additional 513 shares during the last quarter. Well Done LLC bought a new position in ALPS Sector Dividend Dogs ETF in the 4th quarter valued at $201,000. Dynamic Advisor Solutions LLC increased its stake in ALPS Sector Dividend Dogs ETF by 2.2% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 71,959 shares of the company’s stock worth $4,351,000 after purchasing an additional 1,559 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of ALPS Sector Dividend Dogs ETF by 6.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 77,198 shares of the company’s stock valued at $4,782,000 after purchasing an additional 4,806 shares during the period. Finally, IFP Advisors Inc boosted its stake in shares of ALPS Sector Dividend Dogs ETF by 2,135.4% during the third quarter. IFP Advisors Inc now owns 11,177 shares of the company’s stock valued at $673,000 after purchasing an additional 10,677 shares during the period.

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.