ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) Short Interest Update

ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 757 shares, a growth of 138.1% from the June 30th total of 318 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 4,345 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of ALPS Disruptive Technologies ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DTEC. Lodestone Wealth Management LLC acquired a new position in shares of ALPS Disruptive Technologies ETF during the 4th quarter worth approximately $25,000. JPMorgan Chase & Co. acquired a new stake in shares of ALPS Disruptive Technologies ETF in the third quarter valued at approximately $110,000. Lido Advisors LLC bought a new stake in shares of ALPS Disruptive Technologies ETF in the third quarter valued at approximately $205,000. Creative Planning bought a new stake in shares of ALPS Disruptive Technologies ETF in the third quarter valued at approximately $227,000. Finally, Western Wealth Management LLC grew its position in ALPS Disruptive Technologies ETF by 7.0% during the first quarter. Western Wealth Management LLC now owns 5,735 shares of the company’s stock worth $248,000 after buying an additional 377 shares in the last quarter.

ALPS Disruptive Technologies ETF Stock Performance

Shares of ALPS Disruptive Technologies ETF stock opened at $48.66 on Tuesday. The firm has a 50-day moving average of $48.33 and a 200-day moving average of $46.82. The stock has a market cap of $70.56 million, a PE ratio of 29.18 and a beta of 1.14. ALPS Disruptive Technologies ETF has a 52-week low of $41.99 and a 52-week high of $52.97.

ALPS Disruptive Technologies ETF Company Profile

The ALPS Disruptive Technologies ETF (DTEC) is an exchange-traded fund that is based on the Indxx Disruptive Technologies index. The fund tracks an index of 100 global companies that are involved in disruptive technologies across 10 themes. DTEC was launched on Dec 29, 2017 and is managed by ALPS.