Commonwealth Equity Services LLC Boosts Stake in Invesco S&P MidCap 400 Equal Weight ETF (NYSEARCA:EWMC)

Commonwealth Equity Services LLC increased its position in Invesco S&P MidCap 400 Equal Weight ETF (NYSEARCA:EWMC – Get Rating) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,148 shares of the company’s stock after buying an additional 266 shares during the period. Commonwealth Equity Services LLC owned 0.48% of Invesco S&P MidCap 400 Equal Weight ETF worth $765,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. IFP Advisors Inc lifted its position in shares of Invesco S&P MidCap 400 Equal Weight ETF by 70.0% in the fourth quarter. IFP Advisors Inc now owns 459 shares of the company’s stock worth $30,000 after buying an additional 189 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in Invesco S&P MidCap 400 Equal Weight ETF by 9.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 4,174 shares of the company’s stock worth $384,000 after purchasing an additional 343 shares during the last quarter. EWG Elevate Inc. bought a new stake in Invesco S&P MidCap 400 Equal Weight ETF in the fourth quarter worth $33,000. Bank of America Corp DE increased its position in Invesco S&P MidCap 400 Equal Weight ETF by 4.3% in the first quarter. Bank of America Corp DE now owns 11,913 shares of the company’s stock worth $1,097,000 after purchasing an additional 487 shares during the last quarter. Finally, CWM LLC bought a new stake in Invesco S&P MidCap 400 Equal Weight ETF in the fourth quarter worth $57,000.

Invesco S&P MidCap 400 Equal Weight ETF Trading Down 0.7 %

EWMC opened at $84.97 on Wednesday. The firm has a market cap of $164.84 million, a P/E ratio of 13.60 and a beta of 1.20. Invesco S&P MidCap 400 Equal Weight ETF has a 12 month low of $74.63 and a 12 month high of $95.62. The stock has a 50-day moving average of $85.12 and a 200 day moving average of $87.01.

Invesco S&P MidCap 400 Equal Weight ETF Profile

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The Invesco S&P MidCap 400 Equal Weight ETF (EWMC) is an exchange-traded fund that is based on the S&P MidCap 400 Equal Weighted index. The fund tracks an equal-weighted index consisting of mid-cap US firms. EWMC was launched on Dec 8, 2010 and is managed by Invesco.