KPP Advisory Services LLC Raises Stock Position in Invesco S&P 100 Equal Weight ETF $EQWL

KPP Advisory Services LLC increased its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 57.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 102,185 shares of the company’s stock after acquiring an additional 37,248 shares during the period. Invesco S&P 100 Equal Weight ETF comprises about 1.7% of KPP Advisory Services LLC’s investment portfolio, making the stock its 11th biggest holding. KPP Advisory Services LLC owned 0.51% of Invesco S&P 100 Equal Weight ETF worth $11,776,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Reicon Wealth Advisors LLC purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF in the 4th quarter worth $29,682,000. Thrivent Financial for Lutherans purchased a new stake in Invesco S&P 100 Equal Weight ETF in the 4th quarter worth $21,877,000. Ameriprise Financial Inc. grew its position in shares of Invesco S&P 100 Equal Weight ETF by 60.1% during the second quarter. Ameriprise Financial Inc. now owns 444,410 shares of the company’s stock worth $48,864,000 after purchasing an additional 166,901 shares in the last quarter. LPL Financial LLC raised its position in shares of Invesco S&P 100 Equal Weight ETF by 9.7% during the fourth quarter. LPL Financial LLC now owns 1,765,365 shares of the company’s stock valued at $208,596,000 after buying an additional 156,725 shares during the last quarter. Finally, RFP Financial Group LLC increased its holdings in Invesco S&P 100 Equal Weight ETF by 32.0% in the 4th quarter. RFP Financial Group LLC now owns 458,426 shares of the company’s stock valued at $54,167,000 after acquiring an additional 111,115 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Trading Up 0.2%

Shares of Invesco S&P 100 Equal Weight ETF stock opened at $129.29 on Thursday. The firm has a market cap of $2.66 billion, a PE ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a 12 month low of $108.00 and a 12 month high of $130.62. The stock has a 50 day moving average of $126.08 and a 200 day moving average of $121.74.

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.