Argent Advisors Inc. Purchases 5,289 Shares of Invesco S&P 100 Equal Weight ETF $EQWL

Argent Advisors Inc. lifted its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 6.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 93,309 shares of the company’s stock after purchasing an additional 5,289 shares during the period. Invesco S&P 100 Equal Weight ETF comprises approximately 2.9% of Argent Advisors Inc.’s portfolio, making the stock its 9th largest position. Argent Advisors Inc.’s holdings in Invesco S&P 100 Equal Weight ETF were worth $10,753,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Pittenger & Anderson Inc. purchased a new position in Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at $30,000. Wells Fargo & Company MN lifted 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 buying an additional 501 shares during the last quarter. Asset Dedication LLC purchased a new stake in Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth about $69,000. Qube Research & Technologies Ltd acquired a new position in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth about $95,000. Finally, Ankerstar Wealth LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter worth about $145,000.

Invesco S&P 100 Equal Weight ETF Stock Performance

EQWL opened at $129.29 on Thursday. Invesco S&P 100 Equal Weight ETF has a one year low of $108.00 and a one year high of $130.62. The company has a market cap of $2.66 billion, a P/E ratio of 20.16 and a beta of 0.89. The business’s 50-day simple moving average is $126.08 and its 200-day simple moving average is $121.74.

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.