Foronjy Financial LLC Sells 6,083 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

Foronjy Financial LLC lowered its stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 28.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,055 shares of the company’s stock after selling 6,083 shares during the period. Invesco S&P 100 Equal Weight ETF accounts for 0.8% of Foronjy Financial LLC’s holdings, making the stock its 28th biggest position. Foronjy Financial LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $1,727,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Commonwealth Equity Services LLC grew its stake in shares of Invesco S&P 100 Equal Weight ETF by 7.8% in the third quarter. Commonwealth Equity Services LLC now owns 100,670 shares of the company’s stock valued at $11,545,000 after buying an additional 7,263 shares in the last quarter. Altus Wealth Management LLC lifted its stake in Invesco S&P 100 Equal Weight ETF by 1.5% in the third quarter. Altus Wealth Management LLC now owns 299,901 shares of the company’s stock valued at $34,393,000 after acquiring an additional 4,512 shares during the last quarter. Merit Financial Group LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF by 0.3% in the 3rd quarter. Merit Financial Group LLC now owns 50,743 shares of the company’s stock valued at $5,819,000 after acquiring an additional 127 shares during the period. Sovereign Financial Group Inc. bought a new position in shares of Invesco S&P 100 Equal Weight ETF in the 3rd quarter valued at about $1,215,000. Finally, Carnegie Investment Counsel increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 2.7% during the 3rd quarter. Carnegie Investment Counsel now owns 7,961 shares of the company’s stock worth $913,000 after purchasing an additional 208 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of EQWL stock opened at $118.43 on Monday. Invesco S&P 100 Equal Weight ETF has a 52-week low of $89.16 and a 52-week high of $119.55. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 20.16 and a beta of 0.95. The firm’s 50-day moving average is $117.10 and its 200-day moving average is $114.04.

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.