Invesco S&P 100 Equal Weight ETF $EQWL Stock Holdings Boosted by Merit Financial Group LLC

Merit Financial Group LLC lifted its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 1.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 50,616 shares of the company’s stock after buying an additional 704 shares during the period. Merit Financial Group LLC owned approximately 0.37% of Invesco S&P 100 Equal Weight ETF worth $5,566,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC grew its holdings in Invesco S&P 100 Equal Weight ETF by 16.7% during the first quarter. LPL Financial LLC now owns 917,803 shares of the company’s stock worth $94,616,000 after acquiring an additional 131,502 shares during the period. Cetera Investment Advisers boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 12.9% during the 1st quarter. Cetera Investment Advisers now owns 519,773 shares of the company’s stock valued at $53,583,000 after purchasing an additional 59,526 shares in the last quarter. Altus Wealth Management LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF in the 2nd quarter worth approximately $32,484,000. Bond & Devick Financial Network Inc. raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 2.2% in the 2nd quarter. Bond & Devick Financial Network Inc. now owns 281,722 shares of the company’s stock worth $30,981,000 after purchasing an additional 5,956 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in Invesco S&P 100 Equal Weight ETF by 31.0% during the first quarter. Avantax Advisory Services Inc. now owns 144,918 shares of the company’s stock valued at $14,940,000 after purchasing an additional 34,332 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of NYSEARCA:EQWL opened at $115.65 on Tuesday. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 20.16 and a beta of 0.98. Invesco S&P 100 Equal Weight ETF has a 1-year low of $89.16 and a 1-year high of $116.07. The company has a 50 day moving average price of $112.70 and a 200 day moving average price of $107.50.

Invesco S&P 100 Equal Weight ETF Company 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.