Invesco S&P 100 Equal Weight ETF $EQWL Shares Purchased by Able Wealth Management LLC

Able Wealth Management LLC boosted its holdings in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 11.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,920 shares of the company’s stock after purchasing an additional 11,368 shares during the period. Invesco S&P 100 Equal Weight ETF accounts for approximately 4.2% of Able Wealth Management LLC’s holdings, making the stock its 5th largest holding. Able Wealth Management LLC owned approximately 0.65% of Invesco S&P 100 Equal Weight ETF worth $13,343,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EQWL. Royal Bank of Canada increased its holdings in Invesco S&P 100 Equal Weight ETF by 16.7% during the 1st quarter. Royal Bank of Canada now owns 46,495 shares of the company’s stock valued at $4,793,000 after purchasing an additional 6,664 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Invesco S&P 100 Equal Weight ETF by 20.7% during the 1st quarter. NewEdge Advisors LLC now owns 4,082 shares of the company’s stock valued at $421,000 after purchasing an additional 700 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in Invesco S&P 100 Equal Weight ETF during the 1st quarter valued at $872,000. Jane Street Group LLC increased its holdings in Invesco S&P 100 Equal Weight ETF by 6.5% during the 1st quarter. Jane Street Group LLC now owns 7,594 shares of the company’s stock valued at $783,000 after purchasing an additional 465 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Invesco S&P 100 Equal Weight ETF by 557.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 31,640 shares of the company’s stock valued at $3,479,000 after purchasing an additional 26,829 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

EQWL stock opened at $121.50 on Tuesday. The business has a fifty day moving average price of $118.96 and a 200 day moving average price of $118.20. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 20.16 and a beta of 0.90. Invesco S&P 100 Equal Weight ETF has a fifty-two week low of $93.70 and a fifty-two week high of $123.35.

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.