Reicon Wealth Advisors LLC Takes Position in Invesco S&P 100 Equal Weight ETF $EQWL

Reicon Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 251,204 shares of the company’s stock, valued at approximately $29,682,000. Invesco S&P 100 Equal Weight ETF makes up about 21.5% of Reicon Wealth Advisors LLC’s holdings, making the stock its 2nd largest position.

A number of other large investors have also recently made changes to their positions in EQWL. Cornerstone Planning Group LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at about $32,000. Private Trust Co. NA purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at about $55,000. United Community Bank purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at about $64,000. Asset Dedication LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at about $69,000. Finally, Qube Research & Technologies Ltd purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at about $95,000.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL stock traded up $0.57 during trading hours on Thursday, reaching $121.83. 16,100 shares of the company traded hands, compared to its average volume of 130,816. Invesco S&P 100 Equal Weight ETF has a 12-month low of $100.61 and a 12-month high of $123.35. The company has a market cap of $2.46 billion, a P/E ratio of 20.16 and a beta of 0.90. The firm has a 50-day moving average price of $118.82 and a 200 day moving average price of $118.48.

About Invesco S&P 100 Equal Weight ETF

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.