Thrivent Financial for Lutherans Takes $21.88 Million Position in Invesco S&P 100 Equal Weight ETF $EQWL

Thrivent Financial for Lutherans purchased a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 185,144 shares of the company’s stock, valued at approximately $21,877,000.

A number of other institutional investors have also recently bought and sold shares of the business. Parallel Advisors LLC increased its position in Invesco S&P 100 Equal Weight ETF by 5.1% during the third quarter. Parallel Advisors LLC now owns 1,757 shares of the company’s stock worth $201,000 after buying an additional 85 shares during the last quarter. Foronjy Financial LLC raised its stake in Invesco S&P 100 Equal Weight ETF by 0.6% in the 4th quarter. Foronjy Financial LLC now owns 15,151 shares of the company’s stock valued at $1,790,000 after acquiring an additional 96 shares during the period. Ameritas Advisory Services LLC raised its stake in Invesco S&P 100 Equal Weight ETF by 9.2% in the 3rd 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 period. Glass Jacobson Investment Advisors llc raised its stake in Invesco S&P 100 Equal Weight ETF by 2.8% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,636 shares of the company’s stock valued at $417,000 after acquiring an additional 100 shares during the period. Finally, Michels Family Financial LLC raised its stake in Invesco S&P 100 Equal Weight ETF by 3.6% in the 3rd quarter. Michels Family Financial LLC now owns 5,072 shares of the company’s stock valued at $582,000 after acquiring an additional 176 shares during the period.

Invesco S&P 100 Equal Weight ETF Stock Performance

NYSEARCA EQWL opened at $123.96 on Monday. The firm has a 50-day moving average of $119.33 and a 200-day moving average of $119.11. The stock has a market cap of $2.51 billion, a PE ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a 52-week low of $103.38 and a 52-week high of $125.77.

About Invesco S&P 100 Equal Weight ETF

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.