ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sees Unusually-High Trading Volume – Still a Buy?

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) shares saw unusually-strong trading volume on Friday . Approximately 113,841 shares changed hands 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 business’s 50-day moving average price is $57.89 and its 200 day moving average price is $58.41. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 13.83 and a beta of 0.76.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Strategic Financial Concepts LLC grew 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 valued at $252,000 after buying an additional 438,258 shares in the last quarter. US Bancorp DE bought a new position in ALPS Sector Dividend Dogs ETF in the 3rd quarter valued at about $41,000. Wealthcare Advisory Partners LLC grew its position in ALPS Sector Dividend Dogs ETF by 7.4% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 9,261 shares of the company’s stock valued at $523,000 after buying an additional 640 shares in the last quarter. BTS Asset Management Inc. bought a new position in ALPS Sector Dividend Dogs ETF in the 4th quarter valued at about $317,000. Finally, Cypress Wealth Services LLC grew its position in ALPS Sector Dividend Dogs ETF by 1.5% in the 4th quarter. Cypress Wealth Services LLC now owns 17,752 shares of the company’s stock valued at $1,003,000 after buying an additional 255 shares in 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.