ALPS Lowers fee on Equal-Weight Sector ETF

The ALPS Equal Sector Weight (NYSEArca: EQL) is getting a lower expense ratio. Denver-based ALPS said EQL’s new expense ratio will be 0.30% per year, down from 0.54%. In addition, EQL received an Overall 4 Star Morningstar Rating as of February 28, 2015 against 34 of U.S. ETF Large Blend Funds...