Systelligence LLC Takes $12.09 Million Position in Invesco S&P 100 Equal Weight ETF $EQWL

Systelligence LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the 2nd quarter, Holdings Channel reports. The firm acquired 109,910 shares of the company’s stock, valued at approximately $12,087,000. Invesco S&P 100 Equal Weight ETF comprises 2.2% of Systelligence LLC’s investment portfolio, making the stock its 13th biggest position.

Several other hedge funds also recently modified their holdings of EQWL. Farther Finance Advisors LLC bought a new stake in shares of Invesco S&P 100 Equal Weight ETF in the first quarter valued at approximately $59,000. Cambridge Investment Research Advisors Inc. lifted its position in Invesco S&P 100 Equal Weight ETF by 4.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 115,638 shares of the company’s stock worth $11,921,000 after purchasing an additional 4,926 shares during the period. Bessemer Group Inc. bought a new position in Invesco S&P 100 Equal Weight ETF in the first quarter worth $558,000. Pinnacle Bancorp Inc. lifted its position in Invesco S&P 100 Equal Weight ETF by 22.6% in the first quarter. Pinnacle Bancorp Inc. now owns 766 shares of the company’s stock worth $79,000 after purchasing an additional 141 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its position in Invesco S&P 100 Equal Weight ETF by 19.7% in the first quarter. Creative Financial Designs Inc. ADV now owns 13,060 shares of the company’s stock worth $1,346,000 after purchasing an additional 2,150 shares during the period.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL stock opened at $114.93 on Friday. The stock has a market cap of $1.77 billion, a P/E ratio of 20.16 and a beta of 0.98. Invesco S&P 100 Equal Weight ETF has a one year low of $89.16 and a one year high of $116.07. The stock has a fifty day moving average price of $113.54 and a 200 day moving average price of $108.17.

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.