Rothschild Wealth LLC Acquires New Position in Invesco S&P 100 Equal Weight ETF $EQWL

Rothschild Wealth LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the fourth quarter, HoldingsChannel reports. The fund acquired 61,587 shares of the company’s stock, valued at approximately $7,277,000.

Several other large investors also recently made changes to their positions in the company. Parallel Advisors LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 5.1% in the third quarter. Parallel Advisors LLC now owns 1,757 shares of the company’s stock valued at $201,000 after purchasing an additional 85 shares during the period. Foronjy Financial LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 0.6% in the fourth quarter. Foronjy Financial LLC now owns 15,151 shares of the company’s stock valued at $1,790,000 after purchasing an additional 96 shares during the period. Ameritas Advisory Services LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 9.2% in the third quarter. Ameritas Advisory Services LLC now owns 1,149 shares of the company’s stock valued at $132,000 after purchasing an additional 97 shares during the period. Michels Family Financial LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 3.6% in the third quarter. Michels Family Financial LLC now owns 5,072 shares of the company’s stock valued at $582,000 after purchasing an additional 176 shares during the period. Finally, Pittenger & Anderson Inc. acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at approximately $30,000.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of NYSEARCA:EQWL opened at $128.58 on Monday. The firm’s 50 day moving average is $120.93 and its two-hundred day moving average is $119.85. Invesco S&P 100 Equal Weight ETF has a 52 week low of $104.96 and a 52 week high of $128.66. The firm has a market capitalization of $2.60 billion, a P/E ratio of 20.16 and a beta of 0.89.

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. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities.