Sherry Group Inc. Purchases New Holdings in ALPS Equal Sector Weight ETF $EQL

Sherry Group Inc. purchased a new stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 36,521 shares of the company’s stock, valued at approximately $1,706,000. ALPS Equal Sector Weight ETF makes up 1.8% of Sherry Group Inc.’s investment portfolio, making the stock its 16th largest holding. Sherry Group Inc. owned 0.28% of ALPS Equal Sector Weight ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Stratos Wealth Partners LTD. increased its holdings in shares of ALPS Equal Sector Weight ETF by 1.2% in the third quarter. Stratos Wealth Partners LTD. now owns 48,587 shares of the company’s stock valued at $2,236,000 after purchasing an additional 582 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new stake in shares of ALPS Equal Sector Weight ETF in the third quarter valued at approximately $29,000. Smartleaf Asset Management LLC increased its holdings in shares of ALPS Equal Sector Weight ETF by 160.6% in the second quarter. Smartleaf Asset Management LLC now owns 1,308 shares of the company’s stock valued at $57,000 after purchasing an additional 806 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of ALPS Equal Sector Weight ETF by 68.8% in the first quarter. Jones Financial Companies Lllp now owns 2,596 shares of the company’s stock valued at $324,000 after purchasing an additional 1,058 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in shares of ALPS Equal Sector Weight ETF in the fourth quarter valued at approximately $79,000.

ALPS Equal Sector Weight ETF Price Performance

Shares of ALPS Equal Sector Weight ETF stock opened at $49.88 on Monday. The firm has a market cap of $692.33 million, a P/E ratio of 22.84 and a beta of 0.85. The firm has a 50 day simple moving average of $48.80 and a 200 day simple moving average of $47.81. ALPS Equal Sector Weight ETF has a fifty-two week low of $41.90 and a fifty-two week high of $50.56.

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.