FLC Capital Advisors Makes New $245,000 Investment in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

FLC Capital Advisors purchased a new position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,800 shares of the company’s stock, valued at approximately $245,000.

Several other hedge funds have also added to or reduced their stakes in EQWL. Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco S&P 100 Equal Weight ETF by 96.8% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 64,665 shares of the company’s stock valued at $5,080,000 after buying an additional 31,811 shares during the period. Brookstone Capital Management purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at approximately $581,000. Kestra Advisory Services LLC purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the third quarter valued at approximately $1,285,000. Raymond James & Associates lifted its position in Invesco S&P 100 Equal Weight ETF by 9.2% during the third quarter. Raymond James & Associates now owns 3,985 shares of the company’s stock valued at $313,000 after purchasing an additional 335 shares during the period. Finally, Cetera Investment Advisers bought a new position in Invesco S&P 100 Equal Weight ETF during the second quarter valued at approximately $323,000.

Invesco S&P 100 Equal Weight ETF Stock Up 0.4 %

EQWL traded up $0.35 during trading on Thursday, hitting $94.89. The company’s stock had a trading volume of 41,329 shares, compared to its average volume of 47,273. Invesco S&P 100 Equal Weight ETF has a one year low of $74.80 and a one year high of $94.99. The firm has a market cap of $334.96 million, a PE ratio of 14.32 and a beta of 0.98. The business’s 50 day simple moving average is $90.86 and its 200-day simple moving average is $85.17.

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.