Brookwood Investment Group LLC Invests $2.88 Million in ALPS Electrification Infrastructure ETF $ELFY

Brookwood Investment Group LLC bought a new position in ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 81,694 shares of the company’s stock, valued at approximately $2,875,000.

Several other large investors have also recently modified their holdings of the business. Tripletail Wealth Management LLC purchased a new position in shares of ALPS Electrification Infrastructure ETF in the third quarter worth about $27,000. Farther Finance Advisors LLC purchased a new position in shares of ALPS Electrification Infrastructure ETF in the third quarter valued at $89,000. Noble Wealth Management PBC grew its position in shares of ALPS Electrification Infrastructure ETF by 1,496.6% in the fourth quarter. Noble Wealth Management PBC now owns 7,983 shares of the company’s stock valued at $281,000 after purchasing an additional 7,483 shares in the last quarter. Susquehanna International Group LLP purchased a new position in shares of ALPS Electrification Infrastructure ETF in the third quarter valued at $390,000. Finally, BXM Wealth LLC purchased a new position in shares of ALPS Electrification Infrastructure ETF in the fourth quarter valued at $470,000.

ALPS Electrification Infrastructure ETF Stock Performance

Shares of NASDAQ ELFY opened at $41.62 on Friday. The stock has a market cap of $155.24 million, a PE ratio of 21.95 and a beta of -1.41. ALPS Electrification Infrastructure ETF has a fifty-two week low of $25.53 and a fifty-two week high of $42.11. The stock has a fifty day moving average of $40.00 and a 200-day moving average of $37.58.

ALPS Electrification Infrastructure ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Thursday, March 19th were paid a dividend of $0.1046 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $0.42 annualized dividend and a yield of 1.0%.

ALPS Electrification Infrastructure ETF Company Profile

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.