Fifth Third Securities Inc. Acquires 13,191 Shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Fifth Third Securities Inc. lifted its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 84.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,745 shares of the company’s stock after buying an additional 13,191 shares during the period. Fifth Third Securities Inc. owned about 0.43% of Invesco S&P 100 Equal Weight ETF worth $2,716,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Spire Wealth Management bought a new position in Invesco S&P 100 Equal Weight ETF during the 4th quarter valued at about $50,000. Concourse Financial Group Securities Inc. grew its holdings in Invesco S&P 100 Equal Weight ETF by 62.2% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 540 shares of the company’s stock valued at $51,000 after purchasing an additional 207 shares during the last quarter. Frazier Financial Advisors LLC bought a new position in Invesco S&P 100 Equal Weight ETF during the 4th quarter valued at about $94,000. J.W. Cole Advisors Inc. bought a new position in Invesco S&P 100 Equal Weight ETF during the 4th quarter valued at about $207,000. Finally, PSI Advisors LLC grew its holdings in Invesco S&P 100 Equal Weight ETF by 159.4% during the 4th quarter. PSI Advisors LLC now owns 2,436 shares of the company’s stock valued at $213,000 after purchasing an additional 1,497 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Down 0.6 %

NYSEARCA:EQWL traded down $0.53 during mid-day trading on Monday, hitting $94.61. 41,768 shares of the stock traded hands, compared to its average volume of 44,565. The stock has a market capitalization of $636.73 million, a price-to-earnings ratio of 22.06 and a beta of 0.83. Invesco S&P 100 Equal Weight ETF has a 52 week low of $74.80 and a 52 week high of $98.85. The firm’s 50 day moving average is $95.24 and its two-hundred day moving average is $93.16.

Invesco S&P 100 Equal Weight ETF Company 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.