Cetera Investment Advisers Acquires 18,803 Shares of ALPS Electrification Infrastructure ETF $ELFY

Cetera Investment Advisers raised its holdings in shares of ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) by 232.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,909 shares of the company’s stock after buying an additional 18,803 shares during the quarter. Cetera Investment Advisers’ holdings in ALPS Electrification Infrastructure ETF were worth $1,058,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Summit Financial LLC grew its holdings in shares of ALPS Electrification Infrastructure ETF by 9.2% during the fourth quarter. Summit Financial LLC now owns 9,486 shares of the company’s stock worth $334,000 after purchasing an additional 796 shares in the last quarter. Harbour Investments Inc. lifted its position in ALPS Electrification Infrastructure ETF by 135.8% during the fourth quarter. Harbour Investments Inc. now owns 2,728 shares of the company’s stock valued at $96,000 after purchasing an additional 1,571 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in ALPS Electrification Infrastructure ETF by 68.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 10,380 shares of the company’s stock worth $408,000 after buying an additional 4,230 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of ALPS Electrification Infrastructure ETF during the 1st quarter valued at $206,000. Finally, Silver Oak Securities Incorporated bought a new stake in shares of ALPS Electrification Infrastructure ETF during the 1st quarter worth $265,000.

ALPS Electrification Infrastructure ETF Stock Performance

Shares of NASDAQ:ELFY opened at $42.90 on Friday. The firm has a market capitalization of $202.49 million, a PE ratio of 21.95 and a beta of 0.99. ALPS Electrification Infrastructure ETF has a 52-week low of $33.33 and a 52-week high of $45.92. The firm has a fifty day moving average of $42.73 and a 200 day moving average of $41.89.

ALPS Electrification Infrastructure ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Thursday, June 18th were given a dividend of $0.1065 per share. This is a boost from ALPS Electrification Infrastructure ETF’s previous quarterly dividend of $0.10. The ex-dividend date was Thursday, June 18th. This represents a $0.43 annualized dividend and a dividend 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.