LPL Financial LLC Boosts Stock Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

LPL Financial LLC raised its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 15.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 786,301 shares of the company’s stock after buying an additional 106,600 shares during the period. LPL Financial LLC owned 0.12% of Invesco S&P 100 Equal Weight ETF worth $80,423,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of EQWL. Glass Jacobson Investment Advisors llc acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF in the 3rd quarter worth $36,000. Harbour Investments Inc. raised its stake in Invesco S&P 100 Equal Weight ETF by 2,976.9% in the fourth quarter. Harbour Investments Inc. now owns 400 shares of the company’s stock valued at $41,000 after buying an additional 387 shares during the last quarter. US Bancorp DE boosted its holdings in Invesco S&P 100 Equal Weight ETF by 40.5% in the fourth quarter. US Bancorp DE now owns 684 shares of the company’s stock worth $70,000 after acquiring an additional 197 shares in the last quarter. Wintrust Investments LLC grew its stake in shares of Invesco S&P 100 Equal Weight ETF by 20.0% during the fourth quarter. Wintrust Investments LLC now owns 900 shares of the company’s stock worth $92,000 after acquiring an additional 150 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF during the third quarter valued at about $153,000.

Invesco S&P 100 Equal Weight ETF Stock Down 0.4 %

Shares of Invesco S&P 100 Equal Weight ETF stock opened at $104.16 on Thursday. The company has a 50 day moving average price of $105.65 and a 200 day moving average price of $104.20. The firm has a market capitalization of $1.12 billion, a P/E ratio of 20.53 and a beta of 0.98. Invesco S&P 100 Equal Weight ETF has a 52 week low of $89.82 and a 52 week high of $108.44.

Invesco S&P 100 Equal Weight ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a $0.5309 dividend. The ex-dividend date is Monday, March 24th. This is a boost from Invesco S&P 100 Equal Weight ETF’s previous dividend of $0.48.

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.