Financially Speaking Inc Buys New Stake in Invesco S&P 100 Equal Weight ETF $EQWL

Financially Speaking Inc bought a new stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 41,290 shares of the company’s stock, valued at approximately $4,879,000. Invesco S&P 100 Equal Weight ETF comprises approximately 3.2% of Financially Speaking Inc’s portfolio, making the stock its 8th largest holding. Financially Speaking Inc owned 0.23% of Invesco S&P 100 Equal Weight ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Pittenger & Anderson Inc. purchased a new stake in Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at approximately $30,000. Wells Fargo & Company MN lifted its position in Invesco S&P 100 Equal Weight ETF by 50,100.0% during the fourth quarter. Wells Fargo & Company MN now owns 502 shares of the company’s stock valued at $59,000 after acquiring an additional 501 shares during the last quarter. Asset Dedication LLC purchased a new stake in Invesco S&P 100 Equal Weight ETF during the third quarter valued at approximately $69,000. Qube Research & Technologies Ltd purchased a new stake in Invesco S&P 100 Equal Weight ETF during the third quarter valued at approximately $95,000. Finally, Ameritas Advisory Services LLC lifted its position in Invesco S&P 100 Equal Weight ETF by 9.2% during the third quarter. Ameritas Advisory Services LLC now owns 1,149 shares of the company’s stock valued at $132,000 after acquiring an additional 97 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Up 0.8%

NYSEARCA:EQWL opened at $128.52 on Friday. Invesco S&P 100 Equal Weight ETF has a 52 week low of $105.99 and a 52 week high of $128.91. The firm has a 50 day moving average of $123.46 and a 200 day moving average of $120.66. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89.

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.