NewEdge Advisors LLC Has $24.44 Million Holdings in Invesco S&P 100 Equal Weight ETF $EQWL

NewEdge Advisors LLC grew its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 83.4% during the 2nd quarter, Holdings Channel reports. The firm owned 189,430 shares of the company’s stock after purchasing an additional 86,133 shares during the period. NewEdge Advisors LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $24,440,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of EQWL. LPL Financial LLC grew its position in shares of 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 buying an additional 156,725 shares during the period. Cetera Investment Advisers lifted its holdings in Invesco S&P 100 Equal Weight ETF by 3.4% in the first quarter. Cetera Investment Advisers now owns 678,768 shares of the company’s stock valued at $78,221,000 after buying an additional 22,443 shares during the period. Ameriprise Financial Inc. lifted its holdings in Invesco S&P 100 Equal Weight ETF by 7.0% in the third quarter. Ameriprise Financial Inc. now owns 475,654 shares of the company’s stock valued at $54,603,000 after buying an additional 31,244 shares during the period. RFP Financial Group LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF by 32.0% in the fourth quarter. RFP Financial Group LLC now owns 458,426 shares of the company’s stock valued at $54,167,000 after buying an additional 111,115 shares during the period. Finally, Osaic Holdings Inc. boosted its stake in Invesco S&P 100 Equal Weight ETF by 5.4% in the fourth quarter. Osaic Holdings Inc. now owns 292,006 shares of the company’s stock valued at $34,508,000 after acquiring an additional 15,038 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

EQWL opened at $131.57 on Friday. The company has a fifty day moving average price of $132.33 and a two-hundred day moving average price of $126.07. Invesco S&P 100 Equal Weight ETF has a 52 week low of $112.31 and a 52 week high of $136.07. The firm has a market capitalization of $2.72 billion, a PE 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.