KPP Advisory Services LLC increased its holdings in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Free Report) by 57.4% during the first quarter, Holdings Channel.com reports. The firm owned 102,185 shares of the company’s stock after buying an additional 37,248 shares during the period. Invesco S&P 100 Equal Weight ETF makes up 1.7% of KPP Advisory Services LLC’s holdings, making the stock its 11th biggest holding. KPP Advisory Services LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $11,776,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of EQWL. Argent Advisors Inc. grew its stake in Invesco S&P 100 Equal Weight ETF by 6.0% during the 1st quarter. Argent Advisors Inc. now owns 93,309 shares of the company’s stock worth $10,753,000 after buying an additional 5,289 shares during the last quarter. Conscious Wealth Investments LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF in the 1st quarter valued at $3,392,000. Princeton Global Asset Management LLC purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 1st quarter worth about $338,000. Janney Montgomery Scott LLC boosted its position in Invesco S&P 100 Equal Weight ETF by 7.7% during the first quarter. Janney Montgomery Scott LLC now owns 39,208 shares of the company’s stock worth $4,518,000 after purchasing an additional 2,795 shares in the last quarter. Finally, RFG Advisory LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the 1st quarter valued at approximately $503,000.
Invesco S&P 100 Equal Weight ETF Stock Up 0.2%
Shares of NYSEARCA EQWL opened at $129.29 on Thursday. Invesco S&P 100 Equal Weight ETF has a 52-week low of $108.00 and a 52-week high of $130.62. The firm has a market cap of $2.66 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89. The company’s 50-day simple moving average is $126.08 and its 200-day simple moving average is $121.74.
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.
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