Michels Family Financial LLC Buys 240 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

Michels Family Financial LLC increased its holdings in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 5.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,896 shares of the company’s stock after acquiring an additional 240 shares during the period. Michels Family Financial LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $538,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Signal Tree Financial Partners LLC bought a new stake in Invesco S&P 100 Equal Weight ETF during the second quarter worth about $298,000. Park Avenue Securities LLC boosted its stake in Invesco S&P 100 Equal Weight ETF by 1.3% during the second quarter. Park Avenue Securities LLC now owns 15,695 shares of the company’s stock worth $1,726,000 after acquiring an additional 195 shares in the last quarter. Bond & Devick Financial Network Inc. boosted its stake in Invesco S&P 100 Equal Weight ETF by 2.2% during the second quarter. Bond & Devick Financial Network Inc. now owns 281,722 shares of the company’s stock worth $30,981,000 after acquiring an additional 5,956 shares in the last quarter. Silver Oak Securities Incorporated boosted its stake in Invesco S&P 100 Equal Weight ETF by 4.5% during the second quarter. Silver Oak Securities Incorporated now owns 4,396 shares of the company’s stock worth $483,000 after acquiring an additional 190 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Invesco S&P 100 Equal Weight ETF by 2.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 109,810 shares of the company’s stock worth $12,278,000 after acquiring an additional 2,625 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

NYSEARCA:EQWL opened at $114.40 on Friday. The company’s 50-day simple moving average is $112.30 and its 200 day simple moving average is $106.99. The firm has a market capitalization of $1.61 billion, a P/E ratio of 20.16 and a beta of 0.98. Invesco S&P 100 Equal Weight ETF has a one year low of $89.16 and a one year high of $114.84.

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.