Prentice Wealth Management LLC Sells 7,107 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

Prentice Wealth Management LLC trimmed its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 4.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,942 shares of the company’s stock after selling 7,107 shares during the quarter. Invesco S&P 100 Equal Weight ETF accounts for 3.6% of Prentice Wealth Management LLC’s portfolio, making the stock its 6th largest position. Prentice Wealth Management LLC owned about 0.69% of Invesco S&P 100 Equal Weight ETF worth $16,012,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sovereign Financial Group Inc. increased its holdings in Invesco S&P 100 Equal Weight ETF by 2.1% in the 1st quarter. Sovereign Financial Group Inc. now owns 12,018 shares of the company’s stock valued at $1,385,000 after buying an additional 250 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 48.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 21,145 shares of the company’s stock worth $2,499,000 after acquiring an additional 6,928 shares during the period. OakTrust Wealth Advisors LLC bought a new position in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter worth about $829,000. ATX Financial Planning LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter valued at about $250,000. Finally, Michels Family Financial LLC boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 9.9% during the 4th quarter. Michels Family Financial LLC now owns 5,573 shares of the company’s stock valued at $659,000 after acquiring an additional 501 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Down 0.6%

NYSEARCA EQWL opened at $127.51 on Wednesday. Invesco S&P 100 Equal Weight ETF has a twelve month low of $107.75 and a twelve month high of $130.62. The stock has a market cap of $2.58 billion, a P/E ratio of 20.16 and a beta of 0.89. The company’s 50-day simple moving average is $125.11 and its 200 day simple moving average is $121.29.

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. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities.