120,860 Shares in ALPS Equal Sector Weight ETF $EQL Acquired by Perryman Financial Advisory Inc. AD

Perryman Financial Advisory Inc. AD bought a new position in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 120,860 shares of the company’s stock, valued at approximately $5,606,000. Perryman Financial Advisory Inc. AD owned 0.93% of ALPS Equal Sector Weight ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC raised its stake in ALPS Equal Sector Weight ETF by 4.9% during the 4th quarter. Kestra Advisory Services LLC now owns 22,804 shares of the company’s stock worth $1,058,000 after acquiring an additional 1,056 shares during the period. Stifel Financial Corp raised its stake in ALPS Equal Sector Weight ETF by 62.2% during the 4th quarter. Stifel Financial Corp now owns 45,957 shares of the company’s stock worth $2,131,000 after acquiring an additional 17,615 shares during the period. Wells Fargo & Company MN raised its stake in ALPS Equal Sector Weight ETF by 9.5% during the 4th quarter. Wells Fargo & Company MN now owns 187,963 shares of the company’s stock worth $8,718,000 after acquiring an additional 16,343 shares during the period. Commonwealth Equity Services LLC raised its stake in ALPS Equal Sector Weight ETF by 1.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 77,944 shares of the company’s stock worth $3,615,000 after acquiring an additional 1,191 shares during the period. Finally, LPL Financial LLC raised its stake in ALPS Equal Sector Weight ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 307,778 shares of the company’s stock worth $14,275,000 after acquiring an additional 15,574 shares during the period.

ALPS Equal Sector Weight ETF Stock Performance

NYSEARCA EQL opened at $50.57 on Monday. ALPS Equal Sector Weight ETF has a 12 month low of $42.95 and a 12 month high of $50.90. The stock has a market cap of $701.91 million, a price-to-earnings ratio of 22.84 and a beta of 0.84. The company’s 50 day moving average is $49.79 and its two-hundred day moving average is $48.46.

ALPS Equal Sector Weight ETF Company 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.