Park Avenue Securities LLC Makes New Investment in Invesco S&P 100 Equal Weight ETF $EQWL

Park Avenue Securities LLC bought a new stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 14,107 shares of the company’s stock, valued at approximately $1,821,000.

A number of other large investors also recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its stake in Invesco S&P 100 Equal Weight ETF by 2.7% in the 3rd 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 last quarter. South Shore Capital Advisors grew its stake in 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 valued at $237,000 after purchasing an additional 84 shares in the last quarter. Carnegie Investment Counsel grew its position in shares of 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 in the last quarter. SeaCrest Wealth Management LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 2.9% in the third quarter. SeaCrest Wealth Management LLC now owns 9,299 shares of the company’s stock worth $1,200,000 after buying an additional 260 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its position in shares of Invesco S&P 100 Equal Weight ETF by 2.6% in the 1st quarter. Arkadios Wealth Advisors now owns 14,122 shares of the company’s stock worth $1,627,000 after purchasing an additional 362 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

NYSEARCA:EQWL opened at $132.17 on Monday. The stock has a 50-day simple moving average of $132.09 and a 200 day simple moving average of $126.31. Invesco S&P 100 Equal Weight ETF has a one year low of $112.31 and a one year high of $136.07. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89.

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.