Hopwood Financial Services Inc. Purchases New Position in ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG)

Hopwood Financial Services Inc. acquired a new position in ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,000 shares of the company’s stock, valued at approximately $57,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SDOG. Strategic Financial Concepts LLC raised its position in ALPS Sector Dividend Dogs ETF by 5,630.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 446,042 shares of the company’s stock worth $252,000 after purchasing an additional 438,258 shares during the period. Raymond James Financial Inc. purchased a new position in shares of ALPS Sector Dividend Dogs ETF during the fourth quarter worth approximately $13,786,000. Wealthcare Capital Partners LLC purchased a new position in shares of ALPS Sector Dividend Dogs ETF during the fourth quarter worth approximately $467,000. Cathy Pareto & Associates Inc. purchased a new position in shares of ALPS Sector Dividend Dogs ETF during the fourth quarter worth approximately $392,000. Finally, BTS Asset Management Inc. purchased a new position in shares of ALPS Sector Dividend Dogs ETF during the fourth quarter worth approximately $317,000.

ALPS Sector Dividend Dogs ETF Stock Performance

Shares of NYSEARCA:SDOG opened at $57.05 on Thursday. The firm has a market cap of $1.23 billion, a PE ratio of 13.83 and a beta of 0.76. The firm’s 50 day simple moving average is $57.97 and its 200-day simple moving average is $58.43. ALPS Sector Dividend Dogs ETF has a one year low of $50.75 and a one year high of $61.54.

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.