Merit Financial Group LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL – Free Report) by 19.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,945 shares of the company’s stock after buying an additional 7,570 shares during the quarter. Merit Financial Group LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $4,802,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the business. Glass Jacobson Investment Advisors llc bought a new stake in Invesco S&P 100 Equal Weight ETF during the third quarter worth about $36,000. US Bancorp DE bought a new stake in shares of Invesco S&P 100 Equal Weight ETF in the 3rd quarter worth approximately $50,000. Pinnacle Bancorp Inc. purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF in the 3rd quarter worth approximately $64,000. EP Wealth Advisors LLC bought a new position in Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at approximately $153,000. Finally, FMR LLC increased its position in Invesco S&P 100 Equal Weight ETF by 25.7% during the 3rd quarter. FMR LLC now owns 1,536 shares of the company’s stock valued at $157,000 after buying an additional 314 shares in the last quarter.
Invesco S&P 100 Equal Weight ETF Trading Up 0.9 %
Invesco S&P 100 Equal Weight ETF stock opened at $104.44 on Friday. Invesco S&P 100 Equal Weight ETF has a 12 month low of $86.21 and a 12 month high of $107.90. The company has a market capitalization of $702.88 million, a price-to-earnings ratio of 22.06 and a beta of 0.83. The business’s fifty day simple moving average is $104.50 and its two-hundred day simple moving average is $101.34.
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.
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