Beck Capital Management LLC Sells 966 Shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Beck Capital Management LLC decreased its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 1.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 57,100 shares of the company’s stock after selling 966 shares during the quarter. Invesco S&P 100 Equal Weight ETF makes up approximately 1.5% of Beck Capital Management LLC’s investment portfolio, making the stock its 20th biggest position. Beck Capital Management LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $5,840,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of Invesco S&P 100 Equal Weight ETF in the 4th quarter worth $11,217,000. LPL Financial LLC raised its position in shares of Invesco S&P 100 Equal Weight ETF by 15.7% during the fourth quarter. LPL Financial LLC now owns 786,301 shares of the company’s stock worth $80,423,000 after purchasing an additional 106,600 shares during the period. Advisory Services Network LLC lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 958.6% during the 4th quarter. Advisory Services Network LLC now owns 87,483 shares of the company’s stock valued at $8,948,000 after purchasing an additional 79,219 shares in the last quarter. Siligmueller & Norvid Wealth Advisors LLC bought a new stake in Invesco S&P 100 Equal Weight ETF during the 4th quarter worth approximately $6,016,000. Finally, Sanders Morris Harris LLC increased its position in shares of Invesco S&P 100 Equal Weight ETF by 2,475.3% during the fourth quarter. Sanders Morris Harris LLC now owns 60,005 shares of the company’s stock worth $6,137,000 after acquiring an additional 57,675 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of NYSEARCA EQWL opened at $96.85 on Wednesday. The stock has a market capitalization of $1.06 billion, a PE ratio of 18.41 and a beta of 0.96. The stock has a 50 day moving average price of $102.08 and a 200 day moving average price of $103.68. Invesco S&P 100 Equal Weight ETF has a 52 week low of $89.16 and a 52 week high of $108.44.

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.