Kestra Advisory Services LLC Has $4.47 Million Holdings in Invesco S&P 100 Equal Weight ETF $EQWL

Kestra Advisory Services LLC lessened its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 65.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,751 shares of the company’s stock after selling 73,335 shares during the quarter. Kestra Advisory Services LLC owned 0.19% of Invesco S&P 100 Equal Weight ETF worth $4,466,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Stenger Family Office LLC bought a new position in Invesco S&P 100 Equal Weight ETF in the first quarter valued at $279,000. USAdvisors Wealth Management LLC lifted its position in Invesco S&P 100 Equal Weight ETF by 12.3% during the 1st quarter. USAdvisors Wealth Management LLC now owns 2,521 shares of the company’s stock worth $284,000 after buying an additional 277 shares in the last quarter. Private Advisor Group LLC boosted its stake in shares of Invesco S&P 100 Equal Weight ETF by 39.6% during the 1st quarter. Private Advisor Group LLC now owns 260,206 shares of the company’s stock worth $29,986,000 after buying an additional 73,797 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF during the 1st quarter worth about $44,000. Finally, KPP Advisory Services LLC grew its holdings in shares of Invesco S&P 100 Equal Weight ETF by 57.4% in the 1st quarter. KPP Advisory Services LLC now owns 102,185 shares of the company’s stock valued at $11,776,000 after acquiring an additional 37,248 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of NYSEARCA EQWL opened at $130.57 on Friday. The business has a 50-day moving average of $127.86 and a 200-day moving average of $122.63. The stock has a market capitalization of $2.72 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 $108.00 and a fifty-two week 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.