Advisor Resource Council Takes Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Advisor Resource Council bought a new position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,516 shares of the company’s stock, valued at approximately $257,000.

Several other institutional investors have also made changes to their positions in the business. Cetera Investment Advisers increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 1,773.7% in the 1st quarter. Cetera Investment Advisers now owns 251,149 shares of the company’s stock valued at $23,832,000 after buying an additional 237,745 shares during the period. Avantax Advisory Services Inc. raised its holdings in Invesco S&P 100 Equal Weight ETF by 2,118.2% during the 1st quarter. Avantax Advisory Services Inc. now owns 76,395 shares of the company’s stock worth $7,249,000 after purchasing an additional 72,951 shares during the last quarter. Sanders Morris Harris LLC raised its holdings in Invesco S&P 100 Equal Weight ETF by 2,610.1% during the 2nd quarter. Sanders Morris Harris LLC now owns 61,004 shares of the company’s stock worth $5,765,000 after purchasing an additional 58,753 shares during the last quarter. Beck Capital Management LLC boosted its stake in shares of Invesco S&P 100 Equal Weight ETF by 1,231.4% in the 1st quarter. Beck Capital Management LLC now owns 60,128 shares of the company’s stock valued at $5,706,000 after purchasing an additional 55,612 shares during the last quarter. Finally, Cetera Advisor Networks LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF by 18.0% during the 1st quarter. Cetera Advisor Networks LLC now owns 231,033 shares of the company’s stock worth $21,923,000 after buying an additional 35,183 shares during the period.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of EQWL stock opened at $105.35 on Friday. The firm’s 50 day moving average price is $101.86 and its two-hundred day moving average price is $97.38. Invesco S&P 100 Equal Weight ETF has a 52-week low of $78.50 and a 52-week high of $105.72. The stock has a market cap of $709.01 million, a PE ratio of 22.06 and a beta of 0.83.

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.