Signature Estate & Investment Advisors LLC Has $1.42 Million Stock Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Signature Estate & Investment Advisors LLC grew its stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 15.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,915 shares of the company’s stock after purchasing an additional 1,901 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $1,424,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Kovack Advisors Inc. acquired a new position in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth approximately $1,398,000. Bond & Devick Financial Network Inc. increased its position in shares of Invesco S&P 100 Equal Weight ETF by 52.5% during the 3rd quarter. Bond & Devick Financial Network Inc. now owns 184,919 shares of the company’s stock worth $18,921,000 after purchasing an additional 63,654 shares during the last quarter. Able Wealth Management LLC increased its position in shares of Invesco S&P 100 Equal Weight ETF by 14.6% during the 3rd quarter. Able Wealth Management LLC now owns 54,762 shares of the company’s stock worth $5,603,000 after purchasing an additional 6,974 shares during the last quarter. Advisor Resource Council acquired a new position in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth approximately $257,000. Finally, US Bancorp DE acquired a new position in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth approximately $50,000.

Invesco S&P 100 Equal Weight ETF Trading Down 0.8 %

EQWL stock opened at $104.61 on Friday. The firm has a market capitalization of $704.03 million, a PE ratio of 22.06 and a beta of 0.83. Invesco S&P 100 Equal Weight ETF has a 1-year low of $81.27 and a 1-year high of $106.97. The business’s 50 day simple moving average is $102.46 and its 200 day simple moving average is $97.88.

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.