Able Wealth Management LLC Invests $2.92 Million in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Able Wealth Management LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 33,360 shares of the company’s stock, valued at approximately $2,921,000. Invesco S&P 100 Equal Weight ETF accounts for approximately 2.7% of Able Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Able Wealth Management LLC owned approximately 0.95% of Invesco S&P 100 Equal Weight ETF as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. CWM LLC purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at about $1,189,000. Brookstone Capital Management bought a new position in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter worth approximately $581,000. Lincoln National Corp purchased a new stake in Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at approximately $970,000. Kestra Advisory Services LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF in the third quarter valued at approximately $1,285,000. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in Invesco S&P 100 Equal Weight ETF by 15.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 74,434 shares of the company’s stock worth $6,517,000 after purchasing an additional 9,769 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Down 0.1 %

Shares of Invesco S&P 100 Equal Weight ETF stock traded down $0.07 during trading on Friday, reaching $93.58. The company’s stock had a trading volume of 26,136 shares, compared to its average volume of 42,383. Invesco S&P 100 Equal Weight ETF has a 1-year low of $74.80 and a 1-year high of $95.23. The company has a 50-day simple moving average of $92.87 and a two-hundred day simple moving average of $90.51. The company has a market cap of $629.77 million, a price-to-earnings ratio of 22.06 and a beta of 0.83.

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.