Belpointe Asset Management LLC Buys 10,079 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

Belpointe Asset Management LLC increased its stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 347.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,977 shares of the company’s stock after buying an additional 10,079 shares during the period. Belpointe Asset Management LLC owned 0.08% of Invesco S&P 100 Equal Weight ETF worth $1,488,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Private Trust Co. NA purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the third quarter worth approximately $55,000. Spire Wealth Management grew its stake in Invesco S&P 100 Equal Weight ETF by 23.3% in the second quarter. Spire Wealth Management now owns 705 shares of the company’s stock worth $78,000 after purchasing an additional 133 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in Invesco S&P 100 Equal Weight ETF during the 2nd quarter worth $116,000. Harbor Asset Planning Inc. bought a new stake in Invesco S&P 100 Equal Weight ETF during the 2nd quarter valued at $179,000. Finally, Western Wealth Management LLC purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF in the 2nd quarter worth $206,000.

Invesco S&P 100 Equal Weight ETF Trading Down 0.3%

EQWL opened at $119.90 on Thursday. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of 20.16 and a beta of 0.95. Invesco S&P 100 Equal Weight ETF has a 12-month low of $89.16 and a 12-month high of $121.28. The business’s fifty day simple moving average is $118.63 and its 200-day simple moving average is $115.34.

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.