ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sees Unusually-High Trading Volume – Here’s Why

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw unusually-strong trading volume on Friday . Approximately 113,841 shares were traded during trading, an increase of 160% from the previous session’s volume of 43,776 shares.The stock last traded at $58.91 and had previously closed at $58.02.

ALPS Sector Dividend Dogs ETF Price Performance

The firm’s 50-day moving average price is $57.84 and its 200-day moving average price is $58.38. The stock has a market cap of $1.28 billion, a P/E ratio of 13.83 and a beta of 0.76.

Institutional Trading of ALPS Sector Dividend Dogs ETF

A number of large investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its stake in shares of ALPS Sector Dividend Dogs ETF by 0.4% in the 4th quarter. Cetera Investment Advisers now owns 46,397 shares of the company’s stock valued at $2,622,000 after purchasing an additional 181 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in ALPS Sector Dividend Dogs ETF by 2.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,942 shares of the company’s stock valued at $449,000 after buying an additional 187 shares during the period. Stifel Financial Corp lifted its position in ALPS Sector Dividend Dogs ETF by 0.4% in the fourth quarter. Stifel Financial Corp now owns 56,969 shares of the company’s stock worth $3,219,000 after buying an additional 225 shares during the last quarter. Cypress Wealth Services LLC boosted its stake in ALPS Sector Dividend Dogs ETF by 1.5% during the fourth quarter. Cypress Wealth Services LLC now owns 17,752 shares of the company’s stock worth $1,003,000 after buying an additional 255 shares during the period. Finally, Tocqueville Asset Management L.P. increased its position in ALPS Sector Dividend Dogs ETF by 2.3% during the fourth quarter. Tocqueville Asset Management L.P. now owns 11,726 shares of the company’s stock valued at $663,000 after acquiring an additional 265 shares during the last quarter.

ALPS Sector Dividend Dogs ETF Company Profile

The ALPS Sector Dividend Dogs ETF (SDOG) is an exchange-traded fund that is based on the S-Network Sector Dividend Dogs index. The fund tracks an equal-weighted index of the five highest-yielding S&P 500 securities in each sector. SDOG was launched on Jun 29, 2012 and is managed by ALPS.