Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) Holdings Lowered by Kovack Advisors Inc.

Kovack Advisors Inc. lowered its stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,515 shares of the company’s stock after selling 148 shares during the quarter. Kovack Advisors Inc.’s holdings in Invesco S&P 100 Equal Weight ETF were worth $1,382,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Private Advisor Group LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at $429,000. US Bancorp DE acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF in the third quarter worth $50,000. Advisor Resource Council purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the third quarter valued at $257,000. Able Wealth Management LLC raised its position in Invesco S&P 100 Equal Weight ETF by 14.6% during the third quarter. Able Wealth Management LLC now owns 54,762 shares of the company’s stock valued at $5,603,000 after buying an additional 6,974 shares during the period. Finally, Bond & Devick Financial Network Inc. lifted its stake in Invesco S&P 100 Equal Weight ETF by 52.5% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 184,919 shares of the company’s stock worth $18,921,000 after acquiring an additional 63,654 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Trading Down 0.4 %

Shares of NYSEARCA EQWL opened at $106.26 on Friday. The firm has a market capitalization of $715.13 million, a PE ratio of 22.06 and a beta of 0.83. Invesco S&P 100 Equal Weight ETF has a one year low of $89.82 and a one year high of $108.28. The business has a 50-day moving average price of $104.97 and a two-hundred day moving average price of $103.43.

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.