Royal Bank of Canada Has $11.91 Million Stake in Invesco S&P 100 Equal Weight ETF $EQWL

Royal Bank of Canada lifted its stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 51.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 103,346 shares of the company’s stock after acquiring an additional 35,123 shares during the period. Royal Bank of Canada owned 0.51% of Invesco S&P 100 Equal Weight ETF worth $11,909,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in EQWL. Wealth Enhancement Trust Services Inc. bought a new position in shares of Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at approximately $2,205,000. Fifth Third Securities Inc. boosted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 12.5% during the 4th quarter. Fifth Third Securities Inc. now owns 47,397 shares of the company’s stock worth $5,600,000 after buying an additional 5,260 shares during the period. KPP Advisory Services LLC raised its holdings in Invesco S&P 100 Equal Weight ETF by 57.4% in the 1st 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 holdings in Invesco S&P 100 Equal Weight ETF by 131.5% in the 4th quarter. REDW Wealth LLC now owns 8,964 shares of the company’s stock worth $1,059,000 after acquiring an additional 5,092 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P 100 Equal Weight ETF by 4.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 176,210 shares of the company’s stock worth $20,821,000 after acquiring an additional 7,002 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

EQWL stock 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 company has a 50-day moving average of $129.39 and a two-hundred day moving average of $123.83. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89.

Invesco S&P 100 Equal Weight ETF 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.