RFG Advisory LLC Purchases New Position in Invesco S&P 100 Equal Weight ETF $EQWL

RFG Advisory LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,364 shares of the company’s stock, valued at approximately $503,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EQWL. Sovereign Financial Group Inc. lifted its position in shares of Invesco S&P 100 Equal Weight ETF by 2.1% during the 1st quarter. Sovereign Financial Group Inc. now owns 12,018 shares of the company’s stock worth $1,385,000 after buying an additional 250 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in shares of Invesco S&P 100 Equal Weight ETF by 48.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 21,145 shares of the company’s stock valued at $2,499,000 after buying an additional 6,928 shares during the last quarter. OakTrust Wealth Advisors LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF during the 4th quarter worth $829,000. ATX Financial Planning LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF during the 4th quarter worth $250,000. Finally, Michels Family Financial LLC raised its stake in Invesco S&P 100 Equal Weight ETF by 9.9% during the 4th quarter. Michels Family Financial LLC now owns 5,573 shares of the company’s stock worth $659,000 after acquiring an additional 501 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL opened at $129.20 on Tuesday. Invesco S&P 100 Equal Weight ETF has a 1-year low of $108.00 and a 1-year high of $130.62. The stock has a market cap of $2.61 billion, a PE ratio of 20.16 and a beta of 0.89. The firm has a fifty day moving average price of $125.78 and a 200 day moving average price of $121.59.

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.