22,390 Invesco S&P 100 Equal Weight ETF $EQWL Shares Bought by Paradigm Strategies in Wealth Management LLC

Paradigm Strategies in Wealth Management LLC lifted its stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 143.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,000 shares of the company’s stock after purchasing an additional 22,390 shares during the period. Invesco S&P 100 Equal Weight ETF makes up about 3.3% of Paradigm Strategies in Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Paradigm Strategies in Wealth Management LLC owned approximately 0.18% of Invesco S&P 100 Equal Weight ETF worth $4,904,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of EQWL. Perryman Financial Advisory Inc. AD bought a new position in Invesco S&P 100 Equal Weight ETF in the 3rd quarter valued at $1,458,000. Sloy Dahl & Holst LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF in the 3rd quarter valued at $232,000. Farther Finance Advisors LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 2.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,920 shares of the company’s stock valued at $377,000 after buying an additional 77 shares during the period. YHB Investment Advisors Inc. bought a new stake in shares of Invesco S&P 100 Equal Weight ETF during the third quarter worth $14,220,000. Finally, Planning Strategies Inc. raised its position in shares of Invesco S&P 100 Equal Weight ETF by 12.2% during the third quarter. Planning Strategies Inc. now owns 33,909 shares of the company’s stock worth $4,376,000 after acquiring an additional 3,687 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL stock traded down $0.71 on Friday, reaching $131.17. 51,489 shares of the stock were exchanged, compared to its average volume of 107,495. Invesco S&P 100 Equal Weight ETF has a one year low of $112.31 and a one year high of $136.07. The stock has a market cap of $2.82 billion, a PE ratio of 20.16 and a beta of 0.89. The stock has a 50 day moving average price of $132.56 and a 200 day moving average price of $128.25.

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.