International Assets Investment Management LLC Buys 13,260 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

International Assets Investment Management LLC grew its stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 762.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 15,000 shares of the company’s stock after buying an additional 13,260 shares during the quarter. International Assets Investment Management LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $1,936,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EQWL. Founders Financial Securities LLC purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at $521,000. D.A. Davidson & CO. purchased a new position in Invesco S&P 100 Equal Weight ETF in the third quarter worth $488,000. Latitude Advisors LLC purchased a new position in Invesco S&P 100 Equal Weight ETF in the third quarter worth $26,000. Lodestar Private Asset Management LLC purchased a new position in Invesco S&P 100 Equal Weight ETF in the third quarter worth $1,641,000. Finally, Park Avenue Securities LLC bought a new position in Invesco S&P 100 Equal Weight ETF in the third quarter valued at $1,821,000.

Invesco S&P 100 Equal Weight ETF Stock Down 0.1%

EQWL opened at $132.16 on Wednesday. The business’s fifty day simple moving average is $131.97 and its 200 day simple moving average is $126.43. Invesco S&P 100 Equal Weight ETF has a 52 week low of $112.31 and a 52 week high of $136.07. The stock has a market cap of $2.85 billion, a PE ratio of 20.16 and a beta of 0.90.

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.