Frazier Financial Advisors LLC Acquires Shares of 1,072 Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Frazier Financial Advisors LLC bought a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,072 shares of the company’s stock, valued at approximately $94,000.

A number of other hedge funds have also modified their holdings of EQWL. Spire Wealth Management purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter worth $50,000. J.W. Cole Advisors Inc. acquired a new position in Invesco S&P 100 Equal Weight ETF in the 4th quarter valued at about $207,000. PSI Advisors LLC grew its stake in shares of Invesco S&P 100 Equal Weight ETF by 159.4% in the 4th quarter. PSI Advisors LLC now owns 2,436 shares of the company’s stock valued at $213,000 after buying an additional 1,497 shares during the period. FLC Capital Advisors purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter valued at approximately $245,000. Finally, Atria Wealth Solutions Inc. acquired a new position in Invesco S&P 100 Equal Weight ETF in the third quarter valued at approximately $233,000.

Invesco S&P 100 Equal Weight ETF Trading Down 0.5 %

Invesco S&P 100 Equal Weight ETF stock traded down $0.50 during mid-day trading on Thursday, hitting $93.99. The company’s stock had a trading volume of 11,052 shares, compared to its average volume of 43,579. The stock’s fifty day moving average is $92.89 and its two-hundred day moving average is $89.09. The firm has a market capitalization of $632.55 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 $74.80 and a 1 year high of $95.23.

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.