Cetera Investment Advisers Has $60.52 Million Holdings in Invesco S&P 100 Equal Weight ETF $EQWL

Cetera Investment Advisers raised its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 5.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 550,308 shares of the company’s stock after purchasing an additional 30,535 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco S&P 100 Equal Weight ETF were worth $60,517,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Arkadios Wealth Advisors boosted its stake in Invesco S&P 100 Equal Weight ETF by 24.2% during the 1st quarter. Arkadios Wealth Advisors now owns 3,446 shares of the company’s stock worth $355,000 after acquiring an additional 671 shares during the last quarter. Belpointe Asset Management LLC bought a new position in Invesco S&P 100 Equal Weight ETF during the 2nd quarter worth about $319,000. Ameritas Advisory Services LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF in the 2nd quarter valued at approximately $116,000. Park Avenue Securities LLC lifted its position in shares of Invesco S&P 100 Equal Weight ETF by 1.3% in the second quarter. Park Avenue Securities LLC now owns 15,695 shares of the company’s stock worth $1,726,000 after purchasing an additional 195 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in shares of Invesco S&P 100 Equal Weight ETF by 19.5% during the 1st quarter. Kestra Advisory Services LLC now owns 11,002 shares of the company’s stock worth $1,134,000 after buying an additional 1,798 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of NYSEARCA:EQWL opened at $115.95 on Friday. The company has a market capitalization of $1.82 billion, a P/E ratio of 20.16 and a beta of 0.95. Invesco S&P 100 Equal Weight ETF has a 52-week low of $89.16 and a 52-week high of $118.27. The company has a 50-day simple moving average of $115.13 and a 200 day simple moving average of $110.99.

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.