Systelligence LLC bought a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 109,910 shares of the company’s stock, valued at approximately $12,087,000. Invesco S&P 100 Equal Weight ETF accounts for 2.2% of Systelligence LLC’s investment portfolio, making the stock its 13th biggest position. Systelligence LLC owned about 0.79% of Invesco S&P 100 Equal Weight ETF at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in EQWL. Farther Finance Advisors LLC bought a new stake in Invesco S&P 100 Equal Weight ETF during the first quarter worth approximately $59,000. Cambridge Investment Research Advisors Inc. boosted its position in Invesco S&P 100 Equal Weight ETF by 4.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 115,638 shares of the company’s stock worth $11,921,000 after purchasing an additional 4,926 shares during the period. Bessemer Group Inc. bought a new stake in shares of Invesco S&P 100 Equal Weight ETF in the first quarter valued at approximately $558,000. Pinnacle Bancorp Inc. boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 22.6% in the first quarter. Pinnacle Bancorp Inc. now owns 766 shares of the company’s stock valued at $79,000 after acquiring an additional 141 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 19.7% in the first quarter. Creative Financial Designs Inc. ADV now owns 13,060 shares of the company’s stock valued at $1,346,000 after acquiring an additional 2,150 shares during the period.
Invesco S&P 100 Equal Weight ETF Trading Up 0.7%
EQWL opened at $114.93 on Friday. Invesco S&P 100 Equal Weight ETF has a 1-year low of $89.16 and a 1-year high of $116.07. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 20.16 and a beta of 0.98. The business has a 50 day moving average of $113.54 and a 200-day moving average of $108.17.
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.
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