Stratos Wealth Partners LTD. Takes Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Stratos Wealth Partners LTD. acquired a new stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,457 shares of the company’s stock, valued at approximately $253,000.

Several other hedge funds also recently modified their holdings of the stock. Harbour Investments Inc. lifted its stake in Invesco S&P 100 Equal Weight ETF by 2,976.9% in the 4th quarter. Harbour Investments Inc. now owns 400 shares of the company’s stock valued at $41,000 after purchasing an additional 387 shares during the last quarter. Blair William & Co. IL acquired a new stake in Invesco S&P 100 Equal Weight ETF in the 4th quarter valued at about $41,000. Wood Tarver Financial Group LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF during the fourth quarter worth approximately $45,000. Farther Finance Advisors LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF during the first quarter worth approximately $59,000. Finally, Pinnacle Bancorp Inc. lifted its position in Invesco S&P 100 Equal Weight ETF by 22.6% during the first quarter. Pinnacle Bancorp Inc. now owns 766 shares of the company’s stock worth $79,000 after acquiring an additional 141 shares during the last quarter.

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

Shares of EQWL stock opened at $110.44 on Thursday. The firm has a 50 day moving average price of $107.50 and a two-hundred day moving average price of $104.43. The company has a market capitalization of $1.53 billion, a PE ratio of 20.16 and a beta of 0.98. Invesco S&P 100 Equal Weight ETF has a 12-month low of $89.16 and a 12-month high of $111.99.

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.