Invesco S&P 100 Equal Weight ETF $EQWL Position Increased by Prentice Wealth Management LLC

Prentice Wealth Management LLC raised its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 8.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 135,020 shares of the company’s stock after purchasing an additional 10,483 shares during the period. Invesco S&P 100 Equal Weight ETF comprises approximately 3.9% of Prentice Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Prentice Wealth Management LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $14,848,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nova Wealth Management Inc. boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 192.3% in the 1st quarter. Nova Wealth Management Inc. now owns 266 shares of the company’s stock worth $27,000 after buying an additional 175 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Invesco S&P 100 Equal Weight ETF by 49.8% during the first quarter. PNC Financial Services Group Inc. now owns 379 shares of the company’s stock worth $39,000 after acquiring an additional 126 shares during the last quarter. Pinnacle Bancorp Inc. raised its position in Invesco S&P 100 Equal Weight ETF by 22.6% during the first quarter. Pinnacle Bancorp Inc. now owns 766 shares of the company’s stock worth $79,000 after acquiring an additional 141 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 13.8% in the first quarter. IFP Advisors Inc now owns 1,040 shares of the company’s stock valued at $107,000 after purchasing an additional 126 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF in the second quarter valued at approximately $116,000.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL opened at $116.41 on Friday. Invesco S&P 100 Equal Weight ETF has a 1-year low of $89.16 and a 1-year high of $116.94. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of 20.16 and a beta of 0.98. The firm has a 50 day simple moving average of $113.92 and a 200-day simple moving average of $108.66.

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.