28,679 Shares in ALPS Equal Sector Weight ETF $EQL Purchased by Avestar Capital LLC

Avestar Capital LLC acquired a new stake in shares of ALPS Equal Sector Weight ETF (NYSEARCA:EQL) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 28,679 shares of the company’s stock, valued at approximately $1,437,000. Avestar Capital LLC owned 0.19% of ALPS Equal Sector Weight ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of EQL. Bank of America Corp DE raised its stake in shares of ALPS Equal Sector Weight ETF by 8.4% during the 1st quarter. Bank of America Corp DE now owns 1,671,352 shares of the company’s stock valued at $79,490,000 after buying an additional 129,221 shares during the last quarter. Perryman Financial Advisory Inc. AD boosted its stake in shares of ALPS Equal Sector Weight ETF by 9.6% in the third quarter. Perryman Financial Advisory Inc. AD now owns 152,153 shares of the company’s stock worth $7,621,000 after buying an additional 13,349 shares during the last quarter. Gateway Wealth Partners LLC boosted its stake in shares of ALPS Equal Sector Weight ETF by 76.2% in the first quarter. Gateway Wealth Partners LLC now owns 82,814 shares of the company’s stock worth $3,939,000 after buying an additional 35,826 shares during the last quarter. Summit Financial Wealth Advisors LLC raised its position in ALPS Equal Sector Weight ETF by 1.3% during the third quarter. Summit Financial Wealth Advisors LLC now owns 75,128 shares of the company’s stock valued at $3,763,000 after acquiring an additional 983 shares in the last quarter. Finally, Royal Bank of Canada raised its position in ALPS Equal Sector Weight ETF by 10.9% during the first quarter. Royal Bank of Canada now owns 59,054 shares of the company’s stock valued at $2,808,000 after acquiring an additional 5,808 shares in the last quarter.

ALPS Equal Sector Weight ETF Trading Down 0.3%

ALPS Equal Sector Weight ETF stock opened at $51.89 on Friday. The firm has a market cap of $784.58 million, a PE ratio of 22.84 and a beta of 0.84. ALPS Equal Sector Weight ETF has a 12 month low of $44.76 and a 12 month high of $52.66. The stock’s 50 day simple moving average is $51.48 and its two-hundred day simple moving average is $50.16.

About ALPS Equal Sector Weight ETF

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.