Kestra Advisory Services LLC Sells 73,335 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

Kestra Advisory Services LLC trimmed its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 65.4% during the first quarter, Holdings Channel.com reports. The institutional investor owned 38,751 shares of the company’s stock after selling 73,335 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $4,466,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in EQWL. Pittenger & Anderson Inc. acquired a new stake in Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at $30,000. Sound Income Strategies LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF during the 1st quarter worth about $44,000. Wells Fargo & Company MN raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 50,100.0% in the 4th quarter. Wells Fargo & Company MN now owns 502 shares of the company’s stock valued at $59,000 after purchasing an additional 501 shares during the period. Asset Dedication LLC bought a new stake in shares of Invesco S&P 100 Equal Weight ETF in the 3rd quarter valued at about $69,000. Finally, Qube Research & Technologies Ltd acquired a new stake in Invesco S&P 100 Equal Weight ETF in the 3rd quarter valued at about $95,000.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of NYSEARCA:EQWL opened at $130.57 on Friday. Invesco S&P 100 Equal Weight ETF has a 52-week low of $108.00 and a 52-week high of $131.47. The company has a market capitalization of $2.72 billion, a P/E ratio of 20.16 and a beta of 0.89. The company has a 50-day simple moving average of $127.86 and a 200 day simple moving average of $122.63.

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.