Foundations Investment Advisors LLC boosted its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Free Report) by 63.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,909 shares of the company’s stock after acquiring an additional 5,008 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $1,420,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the company. Nova Wealth Management Inc. grew its stake in shares of Invesco S&P 100 Equal Weight ETF by 192.3% during the 1st quarter. Nova Wealth Management Inc. now owns 266 shares of the company’s stock valued at $27,000 after purchasing an additional 175 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Invesco S&P 100 Equal Weight ETF by 49.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 379 shares of the company’s stock worth $39,000 after purchasing an additional 126 shares during the period. Spire Wealth Management boosted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 23.3% in the second quarter. Spire Wealth Management now owns 705 shares of the company’s stock worth $78,000 after buying an additional 133 shares during the last quarter. IFP Advisors Inc grew its position in Invesco S&P 100 Equal Weight ETF by 13.8% during the first quarter. IFP Advisors Inc now owns 1,040 shares of the company’s stock valued at $107,000 after buying an additional 126 shares during the period. Finally, Ameritas Advisory Services LLC bought a new stake in Invesco S&P 100 Equal Weight ETF during the second quarter valued at approximately $116,000.
Invesco S&P 100 Equal Weight ETF Trading Down 1.0%
EQWL opened at $114.78 on Tuesday. Invesco S&P 100 Equal Weight ETF has a 1-year low of $89.16 and a 1-year high of $118.27. The company has a market capitalization of $1.80 billion, a PE ratio of 20.16 and a beta of 0.95. The firm’s 50 day simple moving average is $115.17 and its two-hundred day simple moving average is $111.15.
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.
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