Raymond James & Associates Increases Holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Raymond James & Associates boosted its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 139.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,544 shares of the company’s stock after buying an additional 5,559 shares during the quarter. Raymond James & Associates owned approximately 0.27% of Invesco S&P 100 Equal Weight ETF worth $836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of EQWL. Brookstone Capital Management purchased a new position in shares of Invesco S&P 100 Equal Weight ETF in the fourth quarter worth about $581,000. Raymond James Financial Services Advisors Inc. lifted its position in Invesco S&P 100 Equal Weight ETF by 96.8% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 64,665 shares of the company’s stock valued at $5,080,000 after purchasing an additional 31,811 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in Invesco S&P 100 Equal Weight ETF in the third quarter valued at approximately $1,285,000. CoreFirst Bank & Trust boosted its stake in shares of Invesco S&P 100 Equal Weight ETF by 406.7% during the third quarter. CoreFirst Bank & Trust now owns 5,574 shares of the company’s stock valued at $438,000 after purchasing an additional 4,474 shares during the period. Finally, Cedar Brook Financial Partners LLC grew its holdings in shares of Invesco S&P 100 Equal Weight ETF by 49.0% in the fourth quarter. Cedar Brook Financial Partners LLC now owns 6,563 shares of the company’s stock worth $574,000 after purchasing an additional 2,157 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Up 0.8 %

Shares of NYSEARCA EQWL opened at $91.12 on Tuesday. The firm’s fifty day moving average is $92.12 and its 200 day moving average is $86.78. Invesco S&P 100 Equal Weight ETF has a 52 week low of $74.80 and a 52 week high of $95.23. The company has a market cap of $613.24 million, a price-to-earnings ratio of 21.70 and a beta of 0.86.

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.