Integrated Wealth Concepts LLC grew its holdings in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Free Report) by 15.8% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 55,697 shares of the company’s stock after acquiring an additional 7,602 shares during the period. Integrated Wealth Concepts LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $7,186,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the stock. Sound Income Strategies LLC bought a new position in Invesco S&P 100 Equal Weight ETF during the 1st quarter valued at $44,000. Wells Fargo & Company MN raised its stake in Invesco S&P 100 Equal Weight ETF by 50,100.0% during the fourth quarter. Wells Fargo & Company MN now owns 502 shares of the company’s stock valued at $59,000 after buying an additional 501 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF during the first quarter valued at approximately $87,000. Qube Research & Technologies Ltd bought a new position in Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth approximately $95,000. Finally, Ankerstar Wealth LLC bought a new position in Invesco S&P 100 Equal Weight ETF during the 4th quarter worth approximately $145,000.
Invesco S&P 100 Equal Weight ETF Trading Up 0.7%
Shares of EQWL opened at $132.47 on Friday. Invesco S&P 100 Equal Weight ETF has a 52 week low of $112.31 and a 52 week high of $136.07. The firm has a market cap of $2.74 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89. The stock has a 50 day moving average of $132.37 and a 200-day moving average of $126.11.
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.
Featured Stories
- Five stocks we like better than Invesco S&P 100 Equal Weight ETF
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Want to see what other hedge funds are holding EQWL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Free Report).
Receive News & Ratings for Invesco S&P 100 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 100 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
