13,663 Shares in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) Bought by Kovack Advisors Inc.

Kovack Advisors Inc. bought a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,663 shares of the company’s stock, valued at approximately $1,398,000. Kovack Advisors Inc. owned about 0.20% of Invesco S&P 100 Equal Weight ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. US Bancorp DE bought a new position in Invesco S&P 100 Equal Weight ETF during the third quarter worth $50,000. Pinnacle Bancorp Inc. bought a new position in shares of Invesco S&P 100 Equal Weight ETF in the 3rd quarter worth about $64,000. SeaCrest Wealth Management LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF in the 2nd quarter valued at about $236,000. Atlas Private Wealth Advisors bought a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at about $251,000. Finally, Advisor Resource Council bought a new stake in Invesco S&P 100 Equal Weight ETF in the third quarter worth approximately $257,000.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL stock traded up $0.22 on Wednesday, reaching $106.07. 8,699 shares of the company were exchanged, compared to its average volume of 46,359. The company has a 50-day moving average of $102.08 and a 200-day moving average of $97.67. The company has a market cap of $713.85 million, a price-to-earnings ratio of 22.06 and a beta of 0.83. Invesco S&P 100 Equal Weight ETF has a one year low of $80.55 and a one year high of $106.97.

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.