NewEdge Advisors LLC Has $11.71 Million Stake in Invesco S&P 100 Equal Weight ETF $EQWL

NewEdge Advisors LLC increased its holdings in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 2,484.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 101,634 shares of the company’s stock after buying an additional 97,701 shares during the period. NewEdge Advisors LLC owned 0.50% of Invesco S&P 100 Equal Weight ETF worth $11,712,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Parallel Advisors LLC lifted its stake in Invesco S&P 100 Equal Weight ETF by 5.1% in the third quarter. Parallel Advisors LLC now owns 1,757 shares of the company’s stock valued at $201,000 after buying an additional 85 shares during the period. Foronjy Financial LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF by 0.6% during the 4th quarter. Foronjy Financial LLC now owns 15,151 shares of the company’s stock worth $1,790,000 after buying an additional 96 shares during the period. JPMorgan Chase & Co. grew its position in shares of Invesco S&P 100 Equal Weight ETF by 0.3% during the 4th quarter. JPMorgan Chase & Co. now owns 36,244 shares of the company’s stock worth $4,283,000 after buying an additional 108 shares during the period. Avant Capital LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 3.5% in the 4th quarter. Avant Capital LLC now owns 3,806 shares of the company’s stock valued at $450,000 after acquiring an additional 127 shares during the last quarter. Finally, Beacon Pointe Advisors LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 0.9% in the 4th quarter. Beacon Pointe Advisors LLC now owns 15,930 shares of the company’s stock valued at $1,882,000 after acquiring an additional 140 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of NYSEARCA:EQWL opened at $129.84 on Thursday. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89. The firm’s 50 day simple moving average is $128.70 and its 200 day simple moving average is $123.28. Invesco S&P 100 Equal Weight ETF has a fifty-two week low of $108.00 and a fifty-two week high of $131.76.

About Invesco S&P 100 Equal Weight ETF

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.