NewEdge Advisors LLC boosted its holdings in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Free Report) by 2,484.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 101,634 shares of the company’s stock after purchasing an additional 97,701 shares during the period. NewEdge Advisors LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $11,712,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pittenger & Anderson Inc. acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter worth about $30,000. Sound Income Strategies LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF in the 1st quarter valued at approximately $44,000. Wells Fargo & Company MN grew its position in shares of Invesco S&P 100 Equal Weight ETF by 50,100.0% in the 4th quarter. Wells Fargo & Company MN now owns 502 shares of the company’s stock valued at $59,000 after purchasing an additional 501 shares during the period. EverSource Wealth Advisors LLC bought a new stake in Invesco S&P 100 Equal Weight ETF during the 1st quarter worth approximately $87,000. Finally, Qube Research & Technologies Ltd bought a new stake in Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth approximately $95,000.
Invesco S&P 100 Equal Weight ETF Stock Performance
Shares of EQWL stock opened at $129.84 on Thursday. Invesco S&P 100 Equal Weight ETF has a 52 week low of $108.00 and a 52 week high of $131.76. The company’s 50 day moving average price is $128.70 and its two-hundred day moving average price is $123.28. The company has a market capitalization of $2.69 billion, a P/E ratio of 20.16 and a beta of 0.89.
Invesco S&P 100 Equal Weight ETF Company 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. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities.
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Want to see what other hedge funds are holding EQWL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Free Report).
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