NewEdge Advisors LLC Acquires 99,364 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

NewEdge Advisors LLC grew its stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWLFree Report) by 2,526.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 103,297 shares of the company’s stock after purchasing an additional 99,364 shares during the quarter. NewEdge Advisors LLC owned approximately 0.51% of Invesco S&P 100 Equal Weight ETF worth $11,904,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in EQWL. Wealth Enhancement Trust Services Inc. bought a new stake in Invesco S&P 100 Equal Weight ETF during the 4th quarter valued at about $2,205,000. Fifth Third Securities Inc. increased its position in shares of Invesco S&P 100 Equal Weight ETF by 12.5% during the fourth quarter. Fifth Third Securities Inc. now owns 47,397 shares of the company’s stock worth $5,600,000 after acquiring an additional 5,260 shares during the period. KPP Advisory Services LLC increased its position in shares of Invesco S&P 100 Equal Weight ETF by 57.4% during the first quarter. KPP Advisory Services LLC now owns 102,185 shares of the company’s stock worth $11,776,000 after acquiring an additional 37,248 shares during the period. REDW Wealth LLC raised its stake in shares of Invesco S&P 100 Equal Weight ETF by 131.5% during the fourth quarter. REDW Wealth LLC now owns 8,964 shares of the company’s stock valued at $1,059,000 after acquiring an additional 5,092 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P 100 Equal Weight ETF by 4.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 176,210 shares of the company’s stock valued at $20,821,000 after acquiring an additional 7,002 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of NYSEARCA EQWL opened at $133.93 on Friday. Invesco S&P 100 Equal Weight ETF has a 52-week low of $109.91 and a 52-week high of $133.99. The firm has a market capitalization of $2.77 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89. The stock has a 50 day moving average price of $129.39 and a 200 day moving average price of $123.83.

Invesco S&P 100 Equal Weight ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

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