RFP Financial Group LLC Has $54.17 Million Stock Holdings in Invesco S&P 100 Equal Weight ETF $EQWL

RFP Financial Group LLC boosted its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 32.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 458,426 shares of the company’s stock after purchasing an additional 111,115 shares during the quarter. Invesco S&P 100 Equal Weight ETF comprises 25.9% of RFP Financial Group LLC’s holdings, making the stock its biggest position. RFP Financial Group LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $54,167,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EQWL. Pittenger & Anderson Inc. bought a new stake in Invesco S&P 100 Equal Weight ETF during the 4th quarter worth about $30,000. Wells Fargo & Company MN raised its holdings in Invesco S&P 100 Equal Weight ETF by 50,100.0% during the 4th quarter. Wells Fargo & Company MN now owns 502 shares of the company’s stock worth $59,000 after purchasing an additional 501 shares during the last quarter. Asset Dedication LLC bought a new stake in Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth about $69,000. Qube Research & Technologies Ltd bought a new stake in Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth about $95,000. Finally, Ameritas Advisory Services LLC raised its holdings in Invesco S&P 100 Equal Weight ETF by 9.2% during the 3rd quarter. Ameritas Advisory Services LLC now owns 1,149 shares of the company’s stock worth $132,000 after purchasing an additional 97 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of NYSEARCA:EQWL opened at $128.52 on Monday. The stock has a market capitalization of $2.60 billion, a P/E ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a 1-year low of $105.99 and a 1-year high of $128.91. The business has a 50-day moving average price of $123.46 and a two-hundred day moving average price of $120.71.

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.