Rothschild Wealth LLC Makes New $7.28 Million Investment in Invesco S&P 100 Equal Weight ETF $EQWL

Rothschild Wealth LLC bought a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 61,587 shares of the company’s stock, valued at approximately $7,277,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF by 5.1% during the third quarter. Parallel Advisors LLC now owns 1,757 shares of the company’s stock worth $201,000 after acquiring an additional 85 shares in the last quarter. Foronjy Financial LLC lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 0.6% in the fourth quarter. Foronjy Financial LLC now owns 15,151 shares of the company’s stock valued at $1,790,000 after purchasing an additional 96 shares in the last quarter. Ameritas Advisory Services LLC lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 9.2% in the third quarter. Ameritas Advisory Services LLC now owns 1,149 shares of the company’s stock valued at $132,000 after purchasing an additional 97 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 0.3% in the fourth quarter. JPMorgan Chase & Co. now owns 36,244 shares of the company’s stock valued at $4,283,000 after purchasing an additional 108 shares in the last quarter. Finally, Avant Capital LLC lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 3.5% in the fourth quarter. Avant Capital LLC now owns 3,806 shares of the company’s stock valued at $450,000 after purchasing an additional 127 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of Invesco S&P 100 Equal Weight ETF stock opened at $129.42 on Wednesday. The firm has a market cap of $2.62 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89. The stock’s 50-day moving average is $124.02 and its 200-day moving average is $120.90. Invesco S&P 100 Equal Weight ETF has a one year low of $105.99 and a one year high of $130.62.

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.