Cwm LLC Invests $1.19 Million in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Cwm LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 13,581 shares of the company’s stock, valued at approximately $1,189,000.

Other institutional investors have also modified their holdings of the company. Brookstone Capital Management purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter worth $581,000. Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco S&P 100 Equal Weight ETF by 96.8% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 64,665 shares of the company’s stock worth $5,080,000 after purchasing an additional 31,811 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth about $1,285,000. Raymond James & Associates increased its position in shares of Invesco S&P 100 Equal Weight ETF by 9.2% during the 3rd quarter. Raymond James & Associates now owns 3,985 shares of the company’s stock worth $313,000 after purchasing an additional 335 shares during the last quarter. Finally, CoreFirst Bank & Trust increased its position in shares of Invesco S&P 100 Equal Weight ETF by 406.7% during the 3rd quarter. CoreFirst Bank & Trust now owns 5,574 shares of the company’s stock worth $438,000 after purchasing an additional 4,474 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Trading Up 0.2 %

Shares of NYSEARCA:EQWL opened at $91.77 on Friday. The business has a 50-day moving average price of $92.30 and a 200 day moving average price of $87.10. The company has a market capitalization of $617.61 million, a price-to-earnings ratio of 21.70 and a beta of 0.86. Invesco S&P 100 Equal Weight ETF has a 12-month low of $74.80 and a 12-month high of $95.23.

Invesco S&P 100 Equal Weight ETF Profile

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.