ALPS Equal Sector Weight ETF (NYSEARCA:EQL) Trading 0.2% Higher

ALPS Equal Sector Weight ETF (NYSEARCA:EQL) shares traded up 0.2% during trading on Friday . The company traded as high as $75.67 and last traded at $75.80, 3,467 shares changed hands during mid-day trading. A decline of 19% from the average session volume of 4,301 shares. The stock had previously closed at $75.67.

The stock’s 50 day moving average price is $73.59.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Friday, June 21st were paid a $0.4145 dividend. The ex-dividend date of this dividend was Thursday, June 20th. This represents a $1.66 dividend on an annualized basis and a yield of 2.18%. This is a positive change from ALPS Equal Sector Weight ETF’s previous quarterly dividend of $0.31.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Advisors LLC acquired a new position in ALPS Equal Sector Weight ETF in the 1st quarter valued at about $101,000. Hochman Cole Investment Advisors Inc. acquired a new position in ALPS Equal Sector Weight ETF in the 1st quarter valued at about $215,000. Commonwealth Equity Services LLC grew its stake in ALPS Equal Sector Weight ETF by 4.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 14,723 shares of the company’s stock valued at $940,000 after buying an additional 578 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in ALPS Equal Sector Weight ETF by 0.9% in the 4th quarter. Bank of America Corp DE now owns 341,276 shares of the company’s stock valued at $21,790,000 after buying an additional 3,150 shares during the last quarter.

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