Fifth Third Securities Inc. acquired a new stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Free Report) during the third quarter, Holdings Channel.com reports. The firm acquired 53,770 shares of the company’s stock, valued at approximately $6,939,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EQWL. Farther Finance Advisors LLC increased its position in Invesco S&P 100 Equal Weight ETF by 2.7% during the third quarter. Farther Finance Advisors LLC now owns 2,920 shares of the company’s stock worth $377,000 after buying an additional 77 shares during the period. South Shore Capital Advisors boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 4.8% during the 3rd quarter. South Shore Capital Advisors now owns 1,833 shares of the company’s stock worth $237,000 after purchasing an additional 84 shares in the last quarter. Carnegie Investment Counsel grew its position in Invesco S&P 100 Equal Weight ETF by 2.5% during the first quarter. Carnegie Investment Counsel now owns 8,679 shares of the company’s stock worth $1,000,000 after buying an additional 209 shares during the period. Sovereign Financial Group Inc. raised its holdings in Invesco S&P 100 Equal Weight ETF by 2.1% during the first quarter. Sovereign Financial Group Inc. now owns 12,018 shares of the company’s stock worth $1,385,000 after purchasing an additional 250 shares during the last quarter. Finally, USAdvisors Wealth Management LLC boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 12.3% in the 1st quarter. USAdvisors Wealth Management LLC now owns 2,521 shares of the company’s stock worth $284,000 after buying an additional 277 shares in the last quarter.
Invesco S&P 100 Equal Weight ETF Trading Up 0.2%
Shares of NYSEARCA EQWL traded up $0.25 during trading on Wednesday, reaching $132.09. The company had a trading volume of 24,746 shares, compared to its average volume of 106,729. The stock has a market capitalization of $2.84 billion, a PE ratio of 20.16 and a beta of 0.89. The stock has a 50-day moving average price of $132.44 and a two-hundred day moving average price of $128.58. Invesco S&P 100 Equal Weight ETF has a twelve month low of $112.31 and a twelve month high of $136.07.
About Invesco S&P 100 Equal Weight ETF
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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