Avantax Advisory Services Inc. Grows Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Avantax Advisory Services Inc. grew its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 34.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,586 shares of the company’s stock after acquiring an additional 28,425 shares during the quarter. Avantax Advisory Services Inc. owned 1.64% of Invesco S&P 100 Equal Weight ETF worth $11,311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of EQWL. Glass Jacobson Investment Advisors llc purchased a new position in shares of Invesco S&P 100 Equal Weight ETF in the third quarter valued at $36,000. US Bancorp DE bought a new position in Invesco S&P 100 Equal Weight ETF during the third quarter valued at $50,000. EP Wealth Advisors LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF in the 3rd quarter worth $153,000. FMR LLC increased its holdings in shares of Invesco S&P 100 Equal Weight ETF by 25.7% in the 3rd quarter. FMR LLC now owns 1,536 shares of the company’s stock worth $157,000 after buying an additional 314 shares during the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of Invesco S&P 100 Equal Weight ETF by 17.4% during the 4th quarter. Global Retirement Partners LLC now owns 2,020 shares of the company’s stock valued at $207,000 after buying an additional 300 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Trading Down 0.3 %

EQWL opened at $102.19 on Thursday. Invesco S&P 100 Equal Weight ETF has a 12 month low of $89.82 and a 12 month high of $108.44. The stock has a 50-day moving average of $105.32 and a 200 day moving average of $103.92. The firm has a market cap of $1.04 billion, a P/E ratio of 22.10 and a beta of 0.98.

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.