Fifth Third Securities Inc. Grows Stock Holdings in Invesco S&P 100 Equal Weight ETF $EQWL

Fifth Third Securities Inc. boosted its stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 17.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,137 shares of the company’s stock after acquiring an additional 6,354 shares during the quarter. Fifth Third Securities Inc. owned about 0.28% of Invesco S&P 100 Equal Weight ETF worth $4,832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of EQWL. Nova Wealth Management Inc. raised its stake in shares of Invesco S&P 100 Equal Weight ETF by 192.3% during the first quarter. Nova Wealth Management Inc. now owns 266 shares of the company’s stock worth $27,000 after purchasing an additional 175 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Invesco S&P 100 Equal Weight ETF by 49.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 379 shares of the company’s stock valued at $39,000 after buying an additional 126 shares during the period. Spire Wealth Management raised its position in Invesco S&P 100 Equal Weight ETF by 23.3% during the 2nd quarter. Spire Wealth Management now owns 705 shares of the company’s stock worth $78,000 after buying an additional 133 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF in the 2nd quarter worth $116,000. Finally, Harbor Asset Planning Inc. purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF in the second quarter valued at about $179,000.

Invesco S&P 100 Equal Weight ETF Stock Up 0.3%

Shares of Invesco S&P 100 Equal Weight ETF stock opened at $118.51 on Friday. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 20.16 and a beta of 0.95. Invesco S&P 100 Equal Weight ETF has a 52-week low of $89.16 and a 52-week high of $119.55. The company’s 50-day simple moving average is $116.44 and its 200-day simple moving average is $113.19.

Invesco S&P 100 Equal Weight ETF Company 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. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities.