Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Get Free Report) was down 0.6% during trading on Wednesday . The company traded as low as $132.16 and last traded at $132.29. Approximately 120,366 shares traded hands during trading, an increase of 13% from the average daily volume of 106,860 shares. The stock had previously closed at $133.10.
Invesco S&P 100 Equal Weight ETF Trading Up 0.7%
The business’s 50 day moving average is $132.33 and its two-hundred day moving average is $126.07. The company has a market cap of $2.74 billion, a PE ratio of 20.16 and a beta of 0.89.
Institutional Investors Weigh In On Invesco S&P 100 Equal Weight ETF
Hedge funds and other institutional investors have recently made changes to their positions in the company. Sound Income Strategies LLC bought a new position in Invesco S&P 100 Equal Weight ETF during the 1st quarter worth about $44,000. Wells Fargo & Company MN raised its stake in Invesco S&P 100 Equal Weight ETF by 50,100.0% in the fourth quarter. Wells Fargo & Company MN now owns 502 shares of the company’s stock worth $59,000 after buying an additional 501 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in shares of Invesco S&P 100 Equal Weight ETF in the 1st quarter worth $87,000. Qube Research & Technologies Ltd purchased a new position in Invesco S&P 100 Equal Weight ETF in the third quarter valued at about $95,000. Finally, Ankerstar Wealth LLC purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at about $145,000.
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.
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