REDW Wealth LLC Acquires 5,092 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

REDW Wealth LLC boosted its holdings in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 131.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,964 shares of the company’s stock after acquiring an additional 5,092 shares during the quarter. REDW Wealth LLC owned 0.05% of Invesco S&P 100 Equal Weight ETF worth $1,059,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of EQWL. Ameriprise Financial Inc. lifted its position in shares of Invesco S&P 100 Equal Weight ETF by 7.0% during the third quarter. Ameriprise Financial Inc. now owns 475,654 shares of the company’s stock worth $54,603,000 after purchasing an additional 31,244 shares during the last quarter. Bond & Devick Financial Network Inc. boosted its stake in shares of Invesco S&P 100 Equal Weight ETF by 4.2% during the fourth quarter. Bond & Devick Financial Network Inc. now owns 311,977 shares of the company’s stock valued at $36,863,000 after purchasing an additional 12,652 shares during the period. Altus Wealth Management LLC grew 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 purchasing an additional 2,927 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Invesco S&P 100 Equal Weight ETF by 40.5% in the third quarter. Raymond James Financial Inc. now owns 244,465 shares of the company’s stock worth $28,035,000 after purchasing an additional 70,465 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in Invesco S&P 100 Equal Weight ETF by 24.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 179,426 shares of the company’s stock worth $20,526,000 after buying an additional 35,513 shares during the period.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL opened at $120.89 on Friday. Invesco S&P 100 Equal Weight ETF has a 1-year low of $97.64 and a 1-year high of $123.35. The company has a 50-day moving average of $118.89 and a 200 day moving average of $118.28. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 20.16 and a beta of 0.90.

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.