Cwm LLC Makes New $5.40 Million Investment in ALPS Equal Sector Weight ETF $EQL

Cwm LLC purchased a new stake in ALPS Equal Sector Weight ETF (NYSEARCA:EQL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 117,380 shares of the company’s stock, valued at approximately $5,403,000.

Several other large investors have also modified their holdings of the business. Bank of America Corp DE increased its stake in shares of ALPS Equal Sector Weight ETF by 239.8% during the 2nd quarter. Bank of America Corp DE now owns 1,424,257 shares of the company’s stock worth $62,448,000 after purchasing an additional 1,005,111 shares in the last quarter. Raymond James Financial Inc. increased its position in ALPS Equal Sector Weight ETF by 205.9% during the second quarter. Raymond James Financial Inc. now owns 922,171 shares of the company’s stock worth $40,434,000 after buying an additional 620,663 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of ALPS Equal Sector Weight ETF by 135.6% in the second quarter. Ameriprise Financial Inc. now owns 397,308 shares of the company’s stock worth $17,426,000 after acquiring an additional 228,690 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of ALPS Equal Sector Weight ETF by 198.1% in the second quarter. Cetera Investment Advisers now owns 238,109 shares of the company’s stock valued at $10,440,000 after acquiring an additional 158,230 shares in the last quarter. Finally, Gateway Wealth Partners LLC lifted its position in shares of ALPS Equal Sector Weight ETF by 160.7% in the second quarter. Gateway Wealth Partners LLC now owns 54,669 shares of the company’s stock valued at $2,397,000 after acquiring an additional 33,698 shares in the last quarter.

ALPS Equal Sector Weight ETF Trading Up 0.1%

ALPS Equal Sector Weight ETF stock opened at $46.72 on Wednesday. The stock has a market cap of $532.61 million, a PE ratio of 22.84 and a beta of 0.91. The stock has a 50-day moving average price of $46.18 and a 200 day moving average price of $45.35. ALPS Equal Sector Weight ETF has a 52 week low of $36.66 and a 52 week high of $46.96.

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.