OakTrust Wealth Advisors LLC Buys Shares of 7,020 Invesco S&P 100 Equal Weight ETF $EQWL

OakTrust Wealth Advisors LLC bought a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,020 shares of the company’s stock, valued at approximately $829,000. Invesco S&P 100 Equal Weight ETF comprises 0.8% of OakTrust Wealth Advisors LLC’s portfolio, making the stock its 24th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EQWL. Pittenger & Anderson Inc. acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter worth $30,000. Wells Fargo & Company MN increased its stake in Invesco S&P 100 Equal Weight ETF by 50,100.0% in the fourth quarter. Wells Fargo & Company MN now owns 502 shares of the company’s stock valued at $59,000 after purchasing an additional 501 shares during the last quarter. Asset Dedication LLC purchased a new position in Invesco S&P 100 Equal Weight ETF during the third quarter worth about $69,000. Qube Research & Technologies Ltd purchased a new position in Invesco S&P 100 Equal Weight ETF during the third quarter worth about $95,000. Finally, Ameritas Advisory Services LLC lifted its position in Invesco S&P 100 Equal Weight ETF by 9.2% during the third quarter. Ameritas Advisory Services LLC now owns 1,149 shares of the company’s stock worth $132,000 after buying an additional 97 shares during the period.

Invesco S&P 100 Equal Weight ETF Stock Up 0.5%

Shares of EQWL opened at $128.80 on Friday. Invesco S&P 100 Equal Weight ETF has a fifty-two week low of $105.99 and a fifty-two week high of $130.62. The company’s fifty day moving average is $124.52 and its two-hundred day moving average is $121.06. The firm has a market cap of $2.61 billion, a PE ratio of 20.16 and a beta of 0.89.

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.