JPMorgan Chase & Co. Raises Stock Holdings in Invesco S&P 100 Equal Weight ETF $EQWL

JPMorgan Chase & Co. grew its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 14.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,136 shares of the company’s stock after acquiring an additional 4,496 shares during the quarter. JPMorgan Chase & Co. owned about 0.23% of Invesco S&P 100 Equal Weight ETF worth $4,144,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Cornerstone Planning Group LLC purchased a new stake in Invesco S&P 100 Equal Weight ETF in the 3rd quarter valued at $32,000. Private Trust Co. NA purchased a new position in Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth $55,000. United Community Bank purchased a new position in Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth $64,000. Asset Dedication LLC acquired a new position in Invesco S&P 100 Equal Weight ETF in the third quarter valued at $69,000. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF in the third quarter valued at about $95,000.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of EQWL opened at $115.64 on Friday. Invesco S&P 100 Equal Weight ETF has a fifty-two week low of $89.16 and a fifty-two week high of $123.35. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 20.16 and a beta of 0.95. The firm has a 50-day simple moving average of $119.40 and a 200-day simple moving average of $117.79.

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. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities.