Prentice Wealth Management LLC Boosts Position in Invesco S&P 100 Equal Weight ETF $EQWL

Prentice Wealth Management LLC grew its holdings in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 6.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 146,049 shares of the company’s stock after acquiring an additional 8,305 shares during the period. Invesco S&P 100 Equal Weight ETF comprises 3.9% of Prentice Wealth Management LLC’s holdings, making the stock its 5th largest holding. Prentice Wealth Management LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $17,257,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Parallel Advisors LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF by 5.1% in the 3rd quarter. Parallel Advisors LLC now owns 1,757 shares of the company’s stock valued at $201,000 after buying an additional 85 shares during the last quarter. Ameritas Advisory Services LLC increased its position in Invesco S&P 100 Equal Weight ETF by 9.2% during the 3rd quarter. Ameritas Advisory Services LLC now owns 1,149 shares of the company’s stock valued at $132,000 after purchasing an additional 97 shares during the period. Glass Jacobson Investment Advisors llc boosted its stake in shares of Invesco S&P 100 Equal Weight ETF by 2.8% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,636 shares of the company’s stock valued at $417,000 after purchasing an additional 100 shares during the last quarter. Merit Financial Group LLC raised its stake in Invesco S&P 100 Equal Weight ETF by 0.3% during the third quarter. Merit Financial Group LLC now owns 50,743 shares of the company’s stock worth $5,819,000 after buying an additional 127 shares during the last quarter. Finally, Michels Family Financial LLC grew its holdings in Invesco S&P 100 Equal Weight ETF by 3.6% during the 3rd quarter. Michels Family Financial LLC now owns 5,072 shares of the company’s stock worth $582,000 after acquiring an additional 176 shares during the period.

Invesco S&P 100 Equal Weight ETF Price Performance

NYSEARCA EQWL opened at $121.26 on Thursday. The stock has a market capitalization of $2.45 billion, a P/E ratio of 20.16 and a beta of 0.90. Invesco S&P 100 Equal Weight ETF has a one year low of $98.72 and a one year high of $123.35. The business has a 50 day simple moving average of $118.82 and a 200 day simple moving average of $118.48.

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.