Invesco S&P 100 Equal Weight ETF $EQWL Shares Bought by Paradigm Strategies in Wealth Management LLC

Paradigm Strategies in Wealth Management LLC grew its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 143.4% during the 3rd quarter, Holdings Channel reports. The firm owned 38,000 shares of the company’s stock after purchasing an additional 22,390 shares during the period. Invesco S&P 100 Equal Weight ETF makes up approximately 3.3% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Paradigm Strategies in Wealth Management LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $4,904,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Perryman Financial Advisory Inc. AD bought a new stake in shares of Invesco S&P 100 Equal Weight ETF during the third quarter worth approximately $1,458,000. Sloy Dahl & Holst LLC acquired a new position in Invesco S&P 100 Equal Weight ETF in the third quarter valued at approximately $232,000. Farther Finance Advisors LLC boosted its stake in Invesco S&P 100 Equal Weight ETF by 2.7% in the third quarter. Farther Finance Advisors LLC now owns 2,920 shares of the company’s stock valued at $377,000 after acquiring an additional 77 shares during the last quarter. YHB Investment Advisors Inc. bought a new position in Invesco S&P 100 Equal Weight ETF in the third quarter valued at approximately $14,220,000. Finally, Planning Strategies Inc. boosted its stake in Invesco S&P 100 Equal Weight ETF by 12.2% in the third quarter. Planning Strategies Inc. now owns 33,909 shares of the company’s stock valued at $4,376,000 after acquiring an additional 3,687 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

EQWL traded down $0.71 during trading on Friday, reaching $131.17. 51,489 shares of the company’s stock were exchanged, compared to its average volume of 107,495. The company’s fifty day moving average price is $132.56 and its 200-day moving average price is $128.25. Invesco S&P 100 Equal Weight ETF has a fifty-two week low of $112.31 and a fifty-two week high of $136.07. The firm has a market capitalization of $2.82 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.