LPL Financial LLC Purchases 156,725 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

LPL Financial LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 9.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,765,365 shares of the company’s stock after acquiring an additional 156,725 shares during the period. LPL Financial LLC owned about 9.65% of Invesco S&P 100 Equal Weight ETF worth $208,596,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Ameriprise Financial Inc. raised its stake in shares of Invesco S&P 100 Equal Weight ETF by 7.0% during the third quarter. Ameriprise Financial Inc. now owns 475,654 shares of the company’s stock valued at $54,603,000 after acquiring an additional 31,244 shares during the last quarter. Bond & Devick Financial Network Inc. raised its stake in shares of Invesco S&P 100 Equal Weight ETF by 4.2% during the fourth quarter. Bond & Devick Financial Network Inc. now owns 311,977 shares of the company’s stock valued at $36,863,000 after acquiring an additional 12,652 shares during the last quarter. Altus Wealth Management LLC raised its stake in Invesco S&P 100 Equal Weight ETF by 1.0% in the fourth quarter. Altus Wealth Management LLC now owns 302,828 shares of the company’s stock worth $35,782,000 after buying an additional 2,927 shares in the last quarter. Reicon Wealth Advisors LLC bought a new position in Invesco S&P 100 Equal Weight ETF in the fourth quarter worth about $29,682,000. Finally, Raymond James Financial Inc. lifted its holdings in Invesco S&P 100 Equal Weight ETF by 40.5% in the third quarter. Raymond James Financial Inc. now owns 244,465 shares of the company’s stock worth $28,035,000 after buying an additional 70,465 shares during the period.

Invesco S&P 100 Equal Weight ETF Stock Performance

Invesco S&P 100 Equal Weight ETF stock opened at $126.86 on Wednesday. The stock’s 50 day simple moving average is $122.70 and its two-hundred day simple moving average is $120.43. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a fifty-two week low of $105.99 and a fifty-two week high of $128.91.

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.