RFG Advisory LLC Makes New Investment in Invesco S&P 100 Equal Weight ETF $EQWL

RFG Advisory LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,364 shares of the company’s stock, valued at approximately $503,000.

Several other large investors have also modified their holdings of the company. Reicon Wealth Advisors LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter worth approximately $29,682,000. Thrivent Financial for Lutherans purchased a new stake in Invesco S&P 100 Equal Weight ETF in the 4th quarter valued at $21,877,000. Ameriprise Financial Inc. raised its position in Invesco S&P 100 Equal Weight ETF by 60.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 444,410 shares of the company’s stock valued at $48,864,000 after purchasing an additional 166,901 shares during the last quarter. LPL Financial LLC raised its position in Invesco S&P 100 Equal Weight ETF by 9.7% in the 4th quarter. LPL Financial LLC now owns 1,765,365 shares of the company’s stock valued at $208,596,000 after purchasing an additional 156,725 shares during the last quarter. Finally, RFP Financial Group LLC boosted its stake in Invesco S&P 100 Equal Weight ETF by 32.0% during the 4th quarter. RFP Financial Group LLC now owns 458,426 shares of the company’s stock worth $54,167,000 after purchasing an additional 111,115 shares during the period.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of Invesco S&P 100 Equal Weight ETF stock opened at $129.20 on Tuesday. Invesco S&P 100 Equal Weight ETF has a 1 year low of $108.00 and a 1 year high of $130.62. The company has a market capitalization of $2.61 billion, a P/E ratio of 20.16 and a beta of 0.89. The company’s fifty day moving average is $125.78 and its two-hundred day moving average is $121.59.

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.