Northwestern Mutual Wealth Management Co. Purchases 7,002 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 4.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 176,210 shares of the company’s stock after purchasing an additional 7,002 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.96% of Invesco S&P 100 Equal Weight ETF worth $20,821,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pittenger & Anderson Inc. bought a new stake in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter worth about $30,000. Cornerstone Planning Group LLC bought a new stake in shares of Invesco S&P 100 Equal Weight ETF during the third quarter worth about $32,000. United Community Bank acquired a new position in shares of Invesco S&P 100 Equal Weight ETF in the third quarter worth approximately $64,000. Asset Dedication LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF in the third quarter worth approximately $69,000. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Invesco S&P 100 Equal Weight ETF in the third quarter worth approximately $95,000.

Invesco S&P 100 Equal Weight ETF Price Performance

Invesco S&P 100 Equal Weight ETF stock opened at $124.24 on Wednesday. The stock’s 50 day moving average is $119.50 and its 200 day moving average is $119.21. The firm has a market cap of $2.51 billion, a P/E ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a one year low of $103.38 and a one year high of $125.77.

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.