Financially Speaking Inc Makes New Investment in Invesco S&P 100 Equal Weight ETF $EQWL

Financially Speaking Inc purchased a new position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 41,290 shares of the company’s stock, valued at approximately $4,879,000. Invesco S&P 100 Equal Weight ETF comprises approximately 3.2% of Financially Speaking Inc’s holdings, making the stock its 8th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. LPL Financial LLC raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 9.7% in the fourth quarter. LPL Financial LLC now owns 1,765,365 shares of the company’s stock worth $208,596,000 after buying an additional 156,725 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 7.0% in the third quarter. Ameriprise Financial Inc. now owns 475,654 shares of the company’s stock worth $54,603,000 after buying an additional 31,244 shares during the last quarter. Bond & Devick Financial Network Inc. raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 4.2% in the fourth quarter. Bond & Devick Financial Network Inc. now owns 311,977 shares of the company’s stock worth $36,863,000 after buying an additional 12,652 shares during the last quarter. Altus Wealth Management LLC raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 1.0% in the fourth quarter. Altus Wealth Management LLC now owns 302,828 shares of the company’s stock worth $35,782,000 after buying an additional 2,927 shares during the last quarter. Finally, Reicon Wealth Advisors LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF in the fourth quarter worth $29,682,000.

Invesco S&P 100 Equal Weight ETF Trading Up 0.8%

NYSEARCA EQWL opened at $128.52 on Friday. The company has a fifty day simple moving average of $123.46 and a two-hundred day simple moving average of $120.66. The stock has a market cap of $2.60 billion, a P/E ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a 12-month low of $105.99 and a 12-month high of $128.91.

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.