Beaumont Financial Advisors LLC Makes New Investment in ALPS Disruptive Technologies ETF (NYSEARCA:DTEC)

Beaumont Financial Advisors LLC purchased a new position in ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 5,366 shares of the company’s stock, valued at approximately $222,000. Beaumont Financial Advisors LLC owned approximately 0.19% of ALPS Disruptive Technologies ETF at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of DTEC. Jane Street Group LLC increased its stake in shares of ALPS Disruptive Technologies ETF by 241.4% in the 1st quarter. Jane Street Group LLC now owns 327,495 shares of the company’s stock worth $12,179,000 after acquiring an additional 231,566 shares in the last quarter. Cetera Advisor Networks LLC bought a new position in shares of ALPS Disruptive Technologies ETF in the 4th quarter worth about $3,761,000. GTS Securities LLC bought a new position in shares of ALPS Disruptive Technologies ETF in the 2nd quarter worth about $672,000. Private Advisor Group LLC bought a new position in shares of ALPS Disruptive Technologies ETF in the 1st quarter worth about $232,000. Finally, Morgan Stanley increased its stake in shares of ALPS Disruptive Technologies ETF by 16.1% in the 4th quarter. Morgan Stanley now owns 44,858 shares of the company’s stock worth $1,491,000 after acquiring an additional 6,217 shares in the last quarter.

ALPS Disruptive Technologies ETF Price Performance

Shares of ALPS Disruptive Technologies ETF stock opened at $38.81 on Friday. The company has a 50-day moving average of $41.49 and a 200 day moving average of $39.32. The firm has a market cap of $92.37 million, a price-to-earnings ratio of 33.95 and a beta of 1.15. ALPS Disruptive Technologies ETF has a 1 year low of $32.33 and a 1 year high of $43.00.

ALPS Disruptive Technologies ETF Company 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.