Raymond James & Associates Grows Stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL)

Raymond James & Associates raised its stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL – Get Rating) by 9.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,435 shares of the company’s stock after purchasing an additional 3,415 shares during the quarter. Raymond James & Associates owned about 1.37% of ALPS Equal Sector Weight ETF worth $3,655,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. raised its position in ALPS Equal Sector Weight ETF by 3.3% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 16,860 shares of the company’s stock valued at $1,487,000 after purchasing an additional 546 shares during the period. Ritholtz Wealth Management acquired a new stake in shares of ALPS Equal Sector Weight ETF during the third quarter valued at about $232,000. Total Investment Management Inc. acquired a new stake in shares of ALPS Equal Sector Weight ETF during the third quarter valued at about $44,421,000. Captrust Financial Advisors acquired a new stake in shares of ALPS Equal Sector Weight ETF during the second quarter valued at about $94,000. Finally, Wells Fargo & Company MN grew its stake in shares of ALPS Equal Sector Weight ETF by 15.4% during the second quarter. Wells Fargo & Company MN now owns 41,487 shares of the company’s stock valued at $3,882,000 after acquiring an additional 5,551 shares in the last quarter.

ALPS Equal Sector Weight ETF Stock Performance

Shares of ALPS Equal Sector Weight ETF stock opened at $98.13 on Thursday. The business has a 50-day moving average of $98.13 and a 200-day moving average of $96.82. ALPS Equal Sector Weight ETF has a 1-year low of $86.29 and a 1-year high of $110.46.