KPP Advisory Services LLC Makes New $7.67 Million Investment in Invesco S&P 100 Equal Weight ETF $EQWL

KPP Advisory Services LLC acquired a new position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 64,937 shares of the company’s stock, valued at approximately $7,673,000. Invesco S&P 100 Equal Weight ETF makes up approximately 1.1% of KPP Advisory Services LLC’s investment portfolio, making the stock its 20th biggest holding. KPP Advisory Services LLC owned approximately 0.37% of Invesco S&P 100 Equal Weight ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pittenger & Anderson Inc. bought a new position in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at $30,000. Cornerstone Planning Group LLC bought a new position in shares of Invesco S&P 100 Equal Weight ETF during the third quarter valued at $32,000. United Community Bank bought a new position in shares of Invesco S&P 100 Equal Weight ETF during the third quarter valued at $64,000. Asset Dedication LLC bought a new position in shares of Invesco S&P 100 Equal Weight ETF during the third quarter valued at $69,000. Finally, Qube Research & Technologies Ltd bought a new position in shares of Invesco S&P 100 Equal Weight ETF during the third quarter valued at $95,000.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of NYSEARCA:EQWL opened at $122.92 on Monday. Invesco S&P 100 Equal Weight ETF has a 1-year low of $100.80 and a 1-year high of $123.72. The business has a fifty day moving average price of $118.85 and a 200-day moving average price of $118.57. The company has a market capitalization of $2.49 billion, a PE ratio of 20.16 and a beta of 0.89.

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.