Cetera Investment Advisers Increases Position in Invesco S&P 100 Equal Weight ETF $EQWL

Cetera Investment Advisers lifted its stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 3.4% in the 1st quarter, HoldingsChannel reports. The fund owned 678,768 shares of the company’s stock after purchasing an additional 22,443 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco S&P 100 Equal Weight ETF were worth $78,221,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Royal Bank of Canada lifted its stake in shares of Invesco S&P 100 Equal Weight ETF by 16.7% during the 1st quarter. Royal Bank of Canada now owns 46,495 shares of the company’s stock worth $4,793,000 after purchasing an additional 6,664 shares during the last quarter. NewEdge Advisors LLC grew its stake in Invesco S&P 100 Equal Weight ETF by 20.7% in the first quarter. NewEdge Advisors LLC now owns 4,082 shares of the company’s stock valued at $421,000 after purchasing an additional 700 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in Invesco S&P 100 Equal Weight ETF in the first quarter worth about $872,000. Jane Street Group LLC raised its holdings in Invesco S&P 100 Equal Weight ETF by 6.5% in the first quarter. Jane Street Group LLC now owns 7,594 shares of the company’s stock worth $783,000 after purchasing an additional 465 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Invesco S&P 100 Equal Weight ETF by 557.7% in the second quarter. JPMorgan Chase & Co. now owns 31,640 shares of the company’s stock worth $3,479,000 after purchasing an additional 26,829 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

EQWL stock opened at $128.38 on Friday. Invesco S&P 100 Equal Weight ETF has a one year low of $108.00 and a one year high of $131.47. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89. The firm has a 50-day simple moving average of $128.26 and a two-hundred day simple moving average of $122.99.

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.