141,339 Shares in Invesco S&P 100 Equal Weight ETF $EQWL Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 141,339 shares of the company’s stock, valued at approximately $18,240,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EQWL. Envestnet Asset Management Inc. raised its position in Invesco S&P 100 Equal Weight ETF by 1.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,069,858 shares of the company’s stock worth $138,033,000 after acquiring an additional 16,167 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 3.4% during the 1st quarter. Cetera Investment Advisers now owns 678,768 shares of the company’s stock worth $78,221,000 after purchasing an additional 22,443 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 8.8% during the 1st quarter. Bank of America Corp DE now owns 246,138 shares of the company’s stock worth $28,365,000 after purchasing an additional 19,959 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Invesco S&P 100 Equal Weight ETF by 83.4% during the 2nd quarter. NewEdge Advisors LLC now owns 189,430 shares of the company’s stock worth $24,440,000 after purchasing an additional 86,133 shares during the period. Finally, Prentice Wealth Management LLC grew its stake in shares of Invesco S&P 100 Equal Weight ETF by 0.3% during the 3rd quarter. Prentice Wealth Management LLC now owns 143,064 shares of the company’s stock worth $18,462,000 after purchasing an additional 419 shares during the period.

Invesco S&P 100 Equal Weight ETF Stock Up 0.1%

Shares of EQWL opened at $132.50 on Wednesday. The company has a 50-day simple moving average of $131.67 and a 200-day simple moving average of $126.72. The company has a market capitalization of $2.74 billion, a PE ratio of 22.07 and a beta of 0.90. Invesco S&P 100 Equal Weight ETF has a 52-week low of $112.31 and a 52-week high of $136.07.

About Invesco S&P 100 Equal Weight ETF

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.