Cetera Advisor Networks LLC Sells 10,137 Shares of ALPS Disruptive Technologies ETF (NYSEARCA:DTEC)

Cetera Advisor Networks LLC cut its position in ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) by 8.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,292 shares of the company’s stock after selling 10,137 shares during the quarter. Cetera Advisor Networks LLC owned about 3.87% of ALPS Disruptive Technologies ETF worth $4,260,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CWM LLC boosted its position in ALPS Disruptive Technologies ETF by 67.7% during the first quarter. CWM LLC now owns 1,509 shares of the company’s stock worth $56,000 after purchasing an additional 609 shares during the period. Bank of Montreal Can bought a new position in ALPS Disruptive Technologies ETF during the second quarter worth $58,000. Beaumont Financial Advisors LLC bought a new position in ALPS Disruptive Technologies ETF during the second quarter worth $211,000. Private Advisor Group LLC bought a new position in ALPS Disruptive Technologies ETF during the first quarter worth $232,000. Finally, Atria Wealth Solutions Inc. boosted its position in ALPS Disruptive Technologies ETF by 11.0% during the second quarter. Atria Wealth Solutions Inc. now owns 9,952 shares of the company’s stock worth $391,000 after purchasing an additional 988 shares during the period.

ALPS Disruptive Technologies ETF Price Performance

DTEC stock opened at $37.64 on Tuesday. The company has a fifty day moving average price of $35.12 and a two-hundred day moving average price of $37.13. ALPS Disruptive Technologies ETF has a one year low of $32.33 and a one year high of $41.17. The stock has a market cap of $105.38 million, a price-to-earnings ratio of 27.06 and a beta of 1.15.

ALPS Disruptive Technologies ETF 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.