Brookstone Capital Management reduced its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Free Report) by 24.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,398 shares of the company’s stock after selling 774 shares during the period. Brookstone Capital Management’s holdings in Invesco S&P 100 Equal Weight ETF were worth $245,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of EQWL. Bond & Devick Financial Network Inc. raised its stake in Invesco S&P 100 Equal Weight ETF by 52.5% in the third quarter. Bond & Devick Financial Network Inc. now owns 184,919 shares of the company’s stock valued at $18,921,000 after buying an additional 63,654 shares in the last quarter. CHB Investment Group LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth about $2,580,000. Magnolia Capital Advisors LLC purchased a new stake in Invesco S&P 100 Equal Weight ETF during the second quarter worth approximately $2,103,000. Kovack Advisors Inc. acquired a new position in Invesco S&P 100 Equal Weight ETF in the third quarter valued at approximately $1,398,000. Finally, Thrivent Financial for Lutherans boosted its holdings in Invesco S&P 100 Equal Weight ETF by 5.9% in the second quarter. Thrivent Financial for Lutherans now owns 169,862 shares of the company’s stock valued at $16,052,000 after purchasing an additional 9,517 shares in the last quarter.
Invesco S&P 100 Equal Weight ETF Trading Up 0.9 %
EQWL stock opened at $104.44 on Friday. The stock has a market cap of $702.88 million, a P/E ratio of 22.06 and a beta of 0.83. Invesco S&P 100 Equal Weight ETF has a twelve month low of $86.21 and a twelve month high of $107.90. The company’s 50 day moving average is $104.50 and its two-hundred day moving average is $101.34.
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.
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