Patten & Patten Inc. TN Has $1.72 Million Holdings in Invesco S&P 100 Equal Weight ETF $EQWL

Patten & Patten Inc. TN boosted its stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 49.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,589 shares of the company’s stock after purchasing an additional 4,800 shares during the quarter. Patten & Patten Inc. TN owned 0.08% of Invesco S&P 100 Equal Weight ETF worth $1,724,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Parallel Advisors LLC grew its position in Invesco S&P 100 Equal Weight ETF by 5.1% during the third quarter. Parallel Advisors LLC now owns 1,757 shares of the company’s stock worth $201,000 after buying an additional 85 shares in the last quarter. Foronjy Financial LLC raised its holdings in Invesco S&P 100 Equal Weight ETF by 0.6% in the 4th quarter. Foronjy Financial LLC now owns 15,151 shares of the company’s stock valued at $1,790,000 after acquiring an additional 96 shares in the last quarter. Ameritas Advisory Services LLC raised its holdings in Invesco S&P 100 Equal Weight ETF by 9.2% in the 3rd quarter. Ameritas Advisory Services LLC now owns 1,149 shares of the company’s stock valued at $132,000 after acquiring an additional 97 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its position in shares of Invesco S&P 100 Equal Weight ETF by 2.8% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,636 shares of the company’s stock worth $417,000 after acquiring an additional 100 shares during the period. Finally, Michels Family Financial LLC lifted its position in shares of Invesco S&P 100 Equal Weight ETF by 3.6% in the 3rd quarter. Michels Family Financial LLC now owns 5,072 shares of the company’s stock worth $582,000 after acquiring an additional 176 shares during the period.

Invesco S&P 100 Equal Weight ETF Trading Up 0.6%

EQWL opened at $124.83 on Friday. The stock’s 50 day simple moving average is $118.99 and its 200-day simple moving average is $118.76. The stock has a market cap of $2.53 billion, a PE ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a 1 year low of $102.06 and a 1 year high of $125.05.

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. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities.