Forza Wealth Management LLC Increases Position in Invesco S&P 100 Equal Weight ETF $EQWL

Forza Wealth Management LLC boosted its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 668.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,427 shares of the company’s stock after purchasing an additional 29,075 shares during the period. Invesco S&P 100 Equal Weight ETF comprises 1.5% of Forza Wealth Management LLC’s portfolio, making the stock its 20th largest position. Forza Wealth Management LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $3,833,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Cetera Investment Advisers increased its holdings in Invesco S&P 100 Equal Weight ETF by 5.9% during the 2nd quarter. Cetera Investment Advisers now owns 550,308 shares of the company’s stock worth $60,517,000 after purchasing an additional 30,535 shares during the last quarter. RFP Financial Group LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF during the second quarter worth approximately $51,869,000. Ameriprise Financial Inc. increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 60.1% in the second quarter. Ameriprise Financial Inc. now owns 444,410 shares of the company’s stock worth $48,864,000 after buying an additional 166,901 shares during the last quarter. Altus Wealth Management LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 1.5% in the third quarter. Altus Wealth Management LLC now owns 299,901 shares of the company’s stock worth $34,393,000 after buying an additional 4,512 shares during the last quarter. Finally, Bond & Devick Financial Network Inc. raised its holdings in Invesco S&P 100 Equal Weight ETF by 2.2% in the second quarter. Bond & Devick Financial Network Inc. now owns 281,722 shares of the company’s stock valued at $30,981,000 after acquiring an additional 5,956 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

NYSEARCA EQWL opened at $119.42 on Tuesday. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 20.16 and a beta of 0.95. Invesco S&P 100 Equal Weight ETF has a 12 month low of $89.16 and a 12 month high of $119.83. The company’s fifty day moving average price is $117.13 and its two-hundred day moving average price is $114.13.

About Invesco S&P 100 Equal Weight ETF

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.