US Bancorp DE Increases Stock Holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

US Bancorp DE lifted its stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 81.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,239 shares of the company’s stock after buying an additional 555 shares during the period. US Bancorp DE’s holdings in Invesco S&P 100 Equal Weight ETF were worth $128,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Arkadios Wealth Advisors boosted its position in Invesco S&P 100 Equal Weight ETF by 24.2% in the first quarter. Arkadios Wealth Advisors now owns 3,446 shares of the company’s stock worth $355,000 after purchasing an additional 671 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Invesco S&P 100 Equal Weight ETF by 10.2% in the fourth quarter. JPMorgan Chase & Co. now owns 5,494 shares of the company’s stock worth $562,000 after purchasing an additional 509 shares during the last quarter. Jane Street Group LLC boosted its position in Invesco S&P 100 Equal Weight ETF by 68.5% in the fourth quarter. Jane Street Group LLC now owns 7,129 shares of the company’s stock worth $729,000 after purchasing an additional 2,899 shares during the last quarter. Cetera Investment Advisers boosted its position in Invesco S&P 100 Equal Weight ETF by 13.2% in the fourth quarter. Cetera Investment Advisers now owns 460,247 shares of the company’s stock worth $47,074,000 after purchasing an additional 53,496 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in Invesco S&P 100 Equal Weight ETF in the fourth quarter worth $841,000.

Invesco S&P 100 Equal Weight ETF Trading Up 0.1%

EQWL stock opened at $112.26 on Friday. The stock’s fifty day simple moving average is $109.98 and its two-hundred day simple moving average is $105.55. Invesco S&P 100 Equal Weight ETF has a 1-year low of $89.16 and a 1-year high of $112.95. The stock has a market cap of $1.58 billion, a P/E ratio of 20.16 and a beta of 0.98.

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.