PSI Advisors LLC Raises Holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

PSI Advisors LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 17.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,504 shares of the company’s stock after buying an additional 528 shares during the period. PSI Advisors LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $361,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC boosted its holdings in Invesco S&P 100 Equal Weight ETF by 15.7% during the 4th quarter. LPL Financial LLC now owns 786,301 shares of the company’s stock valued at $80,423,000 after acquiring an additional 106,600 shares during the period. Cetera Investment Advisers raised its position in shares of Invesco S&P 100 Equal Weight ETF by 13.2% in the 4th quarter. Cetera Investment Advisers now owns 460,247 shares of the company’s stock worth $47,074,000 after acquiring an additional 53,496 shares in the last quarter. Bond & Devick Financial Network Inc. increased its position in Invesco S&P 100 Equal Weight ETF by 49.1% during the 1st quarter. Bond & Devick Financial Network Inc. now owns 275,766 shares of the company’s stock valued at $28,429,000 after buying an additional 90,847 shares in the last quarter. Ameriprise Financial Inc. increased its position in Invesco S&P 100 Equal Weight ETF by 42.6% during the 4th quarter. Ameriprise Financial Inc. now owns 260,725 shares of the company’s stock valued at $26,666,000 after buying an additional 77,863 shares in the last quarter. Finally, Prentice Wealth Management LLC increased its holdings in shares of Invesco S&P 100 Equal Weight ETF by 1.6% in the 1st quarter. Prentice Wealth Management LLC now owns 124,537 shares of the company’s stock worth $12,839,000 after purchasing an additional 1,921 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

EQWL stock opened at $106.79 on Wednesday. Invesco S&P 100 Equal Weight ETF has a 1 year low of $89.16 and a 1 year high of $108.44. The company has a market cap of $1.41 billion, a P/E ratio of 21.05 and a beta of 0.96. The stock’s fifty day moving average price is $102.89 and its 200-day moving average price is $103.72.

Invesco S&P 100 Equal Weight ETF Profile

PowerShares Fundamental Pure Large Core Portfolio (the Fund), formerly PowerShares Dynamic Large Cap Portfolio, is based on the RAFI Fundamental Large Core Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is consisted of common stocks of large core United States companies, including real estate investment trusts (REITs), from a universe consisted of the 2,500 largest United States companies.