ALPS Disruptive Technologies ETF $DTEC Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers lessened its position in shares of ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) by 40.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 76,533 shares of the company’s stock after selling 51,016 shares during the period. Cetera Investment Advisers owned approximately 0.05% of ALPS Disruptive Technologies ETF worth $3,312,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Torrey Payne Wealth Management LLC acquired a new position in shares of ALPS Disruptive Technologies ETF in the 4th quarter valued at about $338,000. Wells Fargo & Company MN grew its holdings in shares of ALPS Disruptive Technologies ETF by 19.8% during the 4th quarter. Wells Fargo & Company MN now owns 8,484 shares of the company’s stock worth $412,000 after purchasing an additional 1,402 shares during the period. Jane Street Group LLC grew its holdings in shares of ALPS Disruptive Technologies ETF by 36.3% during the 4th quarter. Jane Street Group LLC now owns 7,300 shares of the company’s stock worth $355,000 after purchasing an additional 1,943 shares during the period. Rossmore Private Capital increased its position in ALPS Disruptive Technologies ETF by 38.9% during the 4th quarter. Rossmore Private Capital now owns 7,546 shares of the company’s stock worth $367,000 after purchasing an additional 2,113 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in ALPS Disruptive Technologies ETF by 28,696.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 69,400 shares of the company’s stock worth $3,372,000 after purchasing an additional 69,159 shares in the last quarter.

ALPS Disruptive Technologies ETF Stock Performance

NYSEARCA DTEC opened at $51.51 on Thursday. ALPS Disruptive Technologies ETF has a one year low of $41.99 and a one year high of $52.97. The company’s 50 day moving average price is $48.61 and its 200 day moving average price is $46.84. The firm has a market capitalization of $74.69 million, a price-to-earnings ratio of 29.18 and a beta of 1.14.

About ALPS Disruptive Technologies ETF

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.