Foronjy Financial LLC Has $1.73 Million Stock Holdings in Invesco S&P 100 Equal Weight ETF $EQWL

Foronjy Financial LLC lowered its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 28.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,055 shares of the company’s stock after selling 6,083 shares during the quarter. Invesco S&P 100 Equal Weight ETF accounts for 0.8% of Foronjy Financial LLC’s holdings, making the stock its 28th biggest position. Foronjy Financial LLC owned approximately 0.10% of Invesco S&P 100 Equal Weight ETF worth $1,727,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Nova Wealth Management Inc. raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 192.3% in the first quarter. Nova Wealth Management Inc. now owns 266 shares of the company’s stock valued at $27,000 after purchasing an additional 175 shares during the last quarter. Private Trust Co. NA acquired a new position in Invesco S&P 100 Equal Weight ETF during the third quarter worth $55,000. Spire Wealth Management grew its position in Invesco S&P 100 Equal Weight ETF by 23.3% in the second quarter. Spire Wealth Management now owns 705 shares of the company’s stock valued at $78,000 after purchasing an additional 133 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF in the 2nd quarter valued at $116,000. Finally, Harbor Asset Planning Inc. acquired a new stake in Invesco S&P 100 Equal Weight ETF in the 2nd quarter valued at $179,000.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of NYSEARCA:EQWL opened at $118.43 on Monday. The company’s 50-day moving average price is $117.10 and its two-hundred day moving average price is $114.04. Invesco S&P 100 Equal Weight ETF has a one year low of $89.16 and a one year high of $119.55. The stock has a market capitalization of $1.99 billion, a PE ratio of 20.16 and a beta of 0.95.

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.