Fifth Third Bancorp Acquires New Position in Invesco S&P 100 Equal Weight ETF $EQWL

Fifth Third Bancorp bought a new position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,757 shares of the company’s stock, valued at approximately $1,240,000. Fifth Third Bancorp owned about 0.05% of Invesco S&P 100 Equal Weight ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of EQWL. Forza Wealth Management LLC lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 17.3% in the 1st quarter. Forza Wealth Management LLC now owns 78,706 shares of the company’s stock worth $9,070,000 after acquiring an additional 11,599 shares during the last quarter. Stenger Family Office LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF in the first quarter worth about $279,000. USAdvisors Wealth Management LLC lifted its stake 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 valued at $284,000 after acquiring an additional 277 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Invesco S&P 100 Equal Weight ETF by 39.6% in the 1st quarter. Private Advisor Group LLC now owns 260,206 shares of the company’s stock valued at $29,986,000 after acquiring an additional 73,797 shares during the last quarter. Finally, Sound Income Strategies LLC purchased a new stake in Invesco S&P 100 Equal Weight ETF during the 1st quarter valued at about $44,000.

Invesco S&P 100 Equal Weight ETF Price Performance

EQWL opened at $129.25 on Friday. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a 1 year low of $108.00 and a 1 year high of $131.47. The stock’s 50 day simple moving average is $128.36 and its 200 day simple moving average is $123.04.

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.