Paradigm Strategies in Wealth Management LLC Takes Position in Invesco S&P 100 Equal Weight ETF $EQWL

Paradigm Strategies in Wealth Management LLC purchased 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 Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,669 shares of the company’s stock, valued at approximately $538,000.

Several other institutional investors have also recently bought and sold shares of the stock. Parallel Advisors LLC boosted its position in Invesco S&P 100 Equal Weight ETF by 5.1% in the 3rd quarter. Parallel Advisors LLC now owns 1,757 shares of the company’s stock valued at $201,000 after buying an additional 85 shares during the last quarter. Foronjy Financial LLC raised its position in shares of Invesco S&P 100 Equal Weight ETF by 0.6% during the fourth quarter. Foronjy Financial LLC now owns 15,151 shares of the company’s stock worth $1,790,000 after acquiring an additional 96 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco S&P 100 Equal Weight ETF by 0.3% during the fourth quarter. JPMorgan Chase & Co. now owns 36,244 shares of the company’s stock worth $4,283,000 after acquiring an additional 108 shares during the last quarter. Avant Capital LLC raised its position in shares of Invesco S&P 100 Equal Weight ETF by 3.5% during the fourth quarter. Avant Capital LLC now owns 3,806 shares of the company’s stock worth $450,000 after acquiring an additional 127 shares during the last quarter. Finally, Beacon Pointe Advisors LLC lifted its stake in shares of Invesco S&P 100 Equal Weight ETF by 0.9% during the fourth quarter. Beacon Pointe Advisors LLC now owns 15,930 shares of the company’s stock valued at $1,882,000 after acquiring an additional 140 shares during the period.

Invesco S&P 100 Equal Weight ETF Stock Down 1.0%

Invesco S&P 100 Equal Weight ETF stock opened at $129.29 on Friday. The business’s 50-day simple moving average is $127.95 and its 200 day simple moving average is $122.67. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a 12-month low of $108.00 and a 12-month high of $131.47.

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.