Prentice Wealth Management LLC Buys 5,396 Shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Prentice Wealth Management LLC boosted its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 4.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 118,146 shares of the company’s stock after purchasing an additional 5,396 shares during the period. Invesco S&P 100 Equal Weight ETF comprises 3.9% of Prentice Wealth Management LLC’s holdings, making the stock its 5th largest position. Prentice Wealth Management LLC owned approximately 3.35% of Invesco S&P 100 Equal Weight ETF worth $11,211,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of EQWL. Spire Wealth Management bought a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter valued at about $50,000. Frazier Financial Advisors LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF in the 4th quarter valued at about $94,000. J.W. Cole Advisors Inc. acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter worth approximately $207,000. PSI Advisors LLC increased its position in shares of Invesco S&P 100 Equal Weight ETF by 159.4% during the fourth quarter. PSI Advisors LLC now owns 2,436 shares of the company’s stock worth $213,000 after acquiring an additional 1,497 shares during the period. Finally, FLC Capital Advisors purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter worth $245,000.

Invesco S&P 100 Equal Weight ETF Stock Performance

NYSEARCA EQWL traded down $0.06 during trading on Wednesday, reaching $94.25. The company’s stock had a trading volume of 18,823 shares, compared to its average volume of 42,160. Invesco S&P 100 Equal Weight ETF has a twelve month low of $74.80 and a twelve month high of $95.40. The firm has a market cap of $634.30 million, a price-to-earnings ratio of 22.06 and a beta of 0.83. The business’s fifty day moving average price is $93.24 and its 200-day moving average price is $91.15.

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.