Thrivent Financial for Lutherans Buys Shares of 185,144 Invesco S&P 100 Equal Weight ETF $EQWL

Thrivent Financial for Lutherans acquired a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 185,144 shares of the company’s stock, valued at approximately $21,877,000. Thrivent Financial for Lutherans owned about 1.01% of Invesco S&P 100 Equal Weight ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ameriprise Financial Inc. grew its holdings in shares of Invesco S&P 100 Equal Weight ETF by 7.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 475,654 shares of the company’s stock valued at $54,603,000 after buying an additional 31,244 shares during the period. Bond & Devick Financial Network Inc. increased its holdings in shares of Invesco S&P 100 Equal Weight ETF by 4.2% in the fourth quarter. Bond & Devick Financial Network Inc. now owns 311,977 shares of the company’s stock worth $36,863,000 after acquiring an additional 12,652 shares in the last quarter. Altus Wealth Management LLC increased its holdings in shares of Invesco S&P 100 Equal Weight ETF by 1.0% in the fourth quarter. Altus Wealth Management LLC now owns 302,828 shares of the company’s stock worth $35,782,000 after acquiring an additional 2,927 shares in the last quarter. Reicon Wealth Advisors LLC bought a new stake in shares of Invesco S&P 100 Equal Weight ETF in the fourth quarter worth about $29,682,000. Finally, Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 100 Equal Weight ETF by 40.5% in the third quarter. Raymond James Financial Inc. now owns 244,465 shares of the company’s stock worth $28,035,000 after acquiring an additional 70,465 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of EQWL stock opened at $123.96 on Monday. The company has a market capitalization of $2.51 billion, a P/E ratio of 20.16 and a beta of 0.89. The company’s 50 day moving average price is $119.33 and its two-hundred day moving average price is $119.11. Invesco S&P 100 Equal Weight ETF has a 52 week low of $103.38 and a 52 week high of $125.77.

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.