Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) Stock Short Interest Report for September

Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 69,753 shares, an increase of 144.3% from the September 15th total of 28,551 shares. Based on an average trading volume of 117,244 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the stock are sold short.

Invesco S&P 100 Equal Weight ETF Stock Down 0.3%

Shares of NYSEARCA:EQWL opened at $130.67 on Thursday. Invesco S&P 100 Equal Weight ETF has a 52-week low of $112.31 and a 52-week high of $136.07. The stock’s fifty day simple moving average is $132.63 and its 200-day simple moving average is $128.09. The company has a market capitalization of $2.81 billion, a P/E ratio of 20.16 and a beta of 0.89.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EQWL. Farther Finance Advisors LLC boosted its position in Invesco S&P 100 Equal Weight ETF by 2.7% during the third quarter. Farther Finance Advisors LLC now owns 2,920 shares of the company’s stock worth $377,000 after acquiring an additional 77 shares during the last quarter. Carnegie Investment Counsel grew its stake in Invesco S&P 100 Equal Weight ETF by 2.5% in the 1st quarter. Carnegie Investment Counsel now owns 8,679 shares of the company’s stock worth $1,000,000 after acquiring an additional 209 shares during the period. Sovereign Financial Group Inc. grew its stake in Invesco S&P 100 Equal Weight ETF by 2.1% in the 1st quarter. Sovereign Financial Group Inc. now owns 12,018 shares of the company’s stock worth $1,385,000 after acquiring an additional 250 shares during the period. USAdvisors Wealth Management LLC raised its holdings in Invesco S&P 100 Equal Weight ETF by 12.3% in the 1st quarter. USAdvisors Wealth Management LLC now owns 2,521 shares of the company’s stock valued at $284,000 after acquiring an additional 277 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in Invesco S&P 100 Equal Weight ETF by 2.6% in the 1st quarter. Arkadios Wealth Advisors now owns 14,122 shares of the company’s stock valued at $1,627,000 after acquiring an additional 362 shares during the last quarter.

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.