Northwestern Mutual Wealth Management Co. Has $18.16 Million Holdings in Invesco S&P 100 Equal Weight ETF $EQWL

Northwestern Mutual Wealth Management Co. cut its stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 9.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 153,651 shares of the company’s stock after selling 15,557 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P 100 Equal Weight ETF were worth $18,155,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bond & Devick Financial Network Inc. boosted its stake in Invesco S&P 100 Equal Weight ETF by 4.2% in the 4th quarter. Bond & Devick Financial Network Inc. now owns 311,977 shares of the company’s stock worth $36,863,000 after purchasing an additional 12,652 shares during the period. JPMorgan Chase & Co. boosted its stake in Invesco S&P 100 Equal Weight ETF by 14.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 36,136 shares of the company’s stock worth $4,144,000 after purchasing an additional 4,496 shares during the period. Jones Financial Companies Lllp boosted its stake in Invesco S&P 100 Equal Weight ETF by 24.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 179,426 shares of the company’s stock worth $20,526,000 after purchasing an additional 35,513 shares during the period. Envestnet Asset Management Inc. boosted its stake in Invesco S&P 100 Equal Weight ETF by 14.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 89,817 shares of the company’s stock worth $10,300,000 after purchasing an additional 11,611 shares during the period. Finally, Fifth Third Securities Inc. boosted its stake in Invesco S&P 100 Equal Weight ETF by 12.5% in the 4th quarter. Fifth Third Securities Inc. now owns 47,397 shares of the company’s stock worth $5,600,000 after purchasing an additional 5,260 shares during the period.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of NYSEARCA EQWL opened at $128.58 on Monday. The firm has a market cap of $2.60 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 $104.96 and a 1-year high of $128.66. The company has a fifty day moving average price of $120.93 and a 200 day moving average price of $119.85.

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.