OakTrust Wealth Advisors LLC Makes New Investment in Invesco S&P 100 Equal Weight ETF $EQWL

OakTrust Wealth Advisors LLC bought a new stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,020 shares of the company’s stock, valued at approximately $829,000. Invesco S&P 100 Equal Weight ETF accounts for approximately 0.8% of OakTrust Wealth Advisors LLC’s portfolio, making the stock its 24th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Bond & Devick Financial Network Inc. increased its holdings in Invesco S&P 100 Equal Weight ETF by 4.2% in the fourth quarter. Bond & Devick Financial Network Inc. now owns 311,977 shares of the company’s stock valued at $36,863,000 after buying an additional 12,652 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Invesco S&P 100 Equal Weight ETF by 14.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 36,136 shares of the company’s stock worth $4,144,000 after acquiring an additional 4,496 shares in the last quarter. Fifth Third Securities Inc. boosted its stake in shares of Invesco S&P 100 Equal Weight ETF by 12.5% during the 4th quarter. Fifth Third Securities Inc. now owns 47,397 shares of the company’s stock worth $5,600,000 after acquiring an additional 5,260 shares in the last quarter. REDW Wealth LLC grew its holdings in shares of Invesco S&P 100 Equal Weight ETF by 131.5% in the 4th quarter. REDW Wealth LLC now owns 8,964 shares of the company’s stock worth $1,059,000 after acquiring an additional 5,092 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P 100 Equal Weight ETF by 14.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 89,817 shares of the company’s stock worth $10,300,000 after acquiring an additional 11,611 shares during the period.

Invesco S&P 100 Equal Weight ETF Price Performance

NYSEARCA EQWL opened at $128.80 on Friday. Invesco S&P 100 Equal Weight ETF has a 1-year low of $105.99 and a 1-year high of $130.62. The company has a market capitalization of $2.61 billion, a P/E ratio of 20.16 and a beta of 0.89. The business has a 50 day moving average price of $124.52 and a 200 day moving average price of $121.06.

Invesco S&P 100 Equal Weight ETF 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.