Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) Sets New 12-Month Low – Here’s What Happened

Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) reached a new 52-week low on Monday . The company traded as low as $89.16 and last traded at $89.16, with a volume of 25388 shares traded. The stock had previously closed at $93.35.

Invesco S&P 100 Equal Weight ETF Trading Up 7.8 %

The company has a market capitalization of $1.08 billion, a PE ratio of 18.41 and a beta of 0.96. The company has a fifty day simple moving average of $104.21 and a 200-day simple moving average of $104.07.

Invesco S&P 100 Equal Weight ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.5309 dividend. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco S&P 100 Equal Weight ETF’s previous dividend of $0.48.

Institutional Trading of Invesco S&P 100 Equal Weight ETF

Several hedge funds have recently made changes to their positions in the company. Glass Jacobson Investment Advisors llc purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at approximately $36,000. Harbour Investments Inc. raised its position in Invesco S&P 100 Equal Weight ETF by 2,976.9% in the fourth quarter. Harbour Investments Inc. now owns 400 shares of the company’s stock valued at $41,000 after purchasing an additional 387 shares during the period. Blair William & Co. IL purchased a new stake in Invesco S&P 100 Equal Weight ETF in the 4th quarter valued at about $41,000. Wood Tarver Financial Group LLC acquired a new position in Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at about $45,000. Finally, US Bancorp DE boosted its stake in Invesco S&P 100 Equal Weight ETF by 40.5% during the fourth quarter. US Bancorp DE now owns 684 shares of the company’s stock worth $70,000 after buying an additional 197 shares during the period.

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.