Ellsworth Advisors LLC Increases Stake in ALPS Active REIT ETF (NASDAQ:REIT)

Ellsworth Advisors LLC boosted its holdings in shares of ALPS Active REIT ETF (NASDAQ:REIT) by 4.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 121,326 shares of the company’s stock after buying an additional 5,378 shares during the period. Ellsworth Advisors LLC owned 0.08% of ALPS Active REIT ETF worth $3,307,000 as of its most recent SEC filing.

Separately, Arete Wealth Advisors LLC acquired a new stake in shares of ALPS Active REIT ETF in the third quarter valued at $658,000.

ALPS Active REIT ETF Trading Down 0.1 %

NASDAQ:REIT opened at $27.31 on Monday. The stock has a fifty day moving average price of $28.07 and a 200 day moving average price of $28.03. ALPS Active REIT ETF has a 12-month low of $23.61 and a 12-month high of $30.26. The firm has a market cap of $40.97 million, a PE ratio of 29.33 and a beta of 1.01.

ALPS Active REIT ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Thursday, December 19th were paid a $0.1895 dividend. The ex-dividend date of this dividend was Thursday, December 19th.

ALPS Active REIT ETF Profile

The ALPS Active REIT ETF (REIT) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed ETF that provides exposure to publicly traded equity securities of US REITs. REIT was launched on Feb 25, 2021 and is issued by SS&C.