Advisor OS LLC Trims Holdings in ALPS Active REIT ETF (NASDAQ:REIT)

Advisor OS LLC cut its position in shares of ALPS Active REIT ETF (NASDAQ:REIT) by 89.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,526 shares of the company’s stock after selling 84,962 shares during the quarter. Advisor OS LLC owned approximately 0.61% of ALPS Active REIT ETF worth $260,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Park Edge Advisors LLC purchased a new stake in ALPS Active REIT ETF in the 4th quarter worth approximately $381,000. Arete Wealth Advisors LLC purchased a new stake in shares of ALPS Active REIT ETF in the third quarter valued at $658,000. Robertson Stephens Wealth Management LLC increased its stake in ALPS Active REIT ETF by 383.0% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 116,917 shares of the company’s stock valued at $3,187,000 after purchasing an additional 92,709 shares during the last quarter. Finally, Ellsworth Advisors LLC boosted its stake in ALPS Active REIT ETF by 4.6% in the 4th quarter. Ellsworth Advisors LLC now owns 121,326 shares of the company’s stock worth $3,307,000 after buying an additional 5,378 shares during the last quarter.

ALPS Active REIT ETF Price Performance

REIT opened at $28.22 on Friday. The stock has a market capitalization of $43.74 million, a price-to-earnings ratio of 34.15 and a beta of 1.01. ALPS Active REIT ETF has a 12 month low of $23.61 and a 12 month high of $30.26. The business has a 50-day moving average of $27.51 and a two-hundred day moving average of $28.25.

ALPS Active REIT ETF Announces Dividend

The company 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 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.