PSI Advisors LLC Boosts Stock Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

PSI Advisors LLC grew its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 4.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,885 shares of the company’s stock after buying an additional 110 shares during the quarter. PSI Advisors LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $295,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC increased its position in shares of Invesco S&P 100 Equal Weight ETF by 5.8% in the second quarter. LPL Financial LLC now owns 565,274 shares of the company’s stock valued at $53,418,000 after buying an additional 31,162 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Invesco S&P 100 Equal Weight ETF by 0.9% during the second quarter. Cetera Investment Advisers now owns 253,374 shares of the company’s stock worth $23,944,000 after purchasing an additional 2,225 shares in the last quarter. Cetera Advisor Networks LLC increased its position in shares of Invesco S&P 100 Equal Weight ETF by 18.0% during the first quarter. Cetera Advisor Networks LLC now owns 231,033 shares of the company’s stock worth $21,923,000 after purchasing an additional 35,183 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Invesco S&P 100 Equal Weight ETF by 5.9% during the second quarter. Thrivent Financial for Lutherans now owns 169,862 shares of the company’s stock worth $16,052,000 after purchasing an additional 9,517 shares in the last quarter. Finally, Prentice Wealth Management LLC increased its position in shares of Invesco S&P 100 Equal Weight ETF by 1.3% during the third quarter. Prentice Wealth Management LLC now owns 122,955 shares of the company’s stock worth $12,581,000 after purchasing an additional 1,534 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of EQWL opened at $103.40 on Thursday. Invesco S&P 100 Equal Weight ETF has a one year low of $74.80 and a one year high of $104.65. The stock has a market capitalization of $695.88 million, a price-to-earnings ratio of 22.06 and a beta of 0.83. The stock has a 50 day moving average price of $101.01 and a 200 day moving average price of $96.53.

Invesco S&P 100 Equal Weight ETF 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.