Capital Analysts LLC Makes New $1.81 Million Investment in Invesco S&P 100 Equal Weight ETF $EQWL

Capital Analysts LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 15,280 shares of the company’s stock, valued at approximately $1,805,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EQWL. Reicon Wealth Advisors LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF during the 4th quarter worth about $29,682,000. Thrivent Financial for Lutherans acquired a new stake in Invesco S&P 100 Equal Weight ETF during the 4th quarter worth about $21,877,000. Ameriprise Financial Inc. grew its position in Invesco S&P 100 Equal Weight ETF by 60.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 444,410 shares of the company’s stock worth $48,864,000 after purchasing an additional 166,901 shares during the period. LPL Financial LLC grew its position in Invesco S&P 100 Equal Weight ETF by 9.7% during the 4th quarter. LPL Financial LLC now owns 1,765,365 shares of the company’s stock worth $208,596,000 after purchasing an additional 156,725 shares during the period. Finally, Argent Advisors Inc. acquired a new stake in Invesco S&P 100 Equal Weight ETF during the 4th quarter worth about $10,400,000.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of EQWL opened at $125.22 on Thursday. The business’s 50-day moving average is $122.95 and its two-hundred day moving average is $120.52. The company has a market capitalization of $2.53 billion, a P/E ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a fifty-two week low of $105.99 and a fifty-two week high of $128.91.

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.