Beck Capital Management LLC Buys 2,597 Shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Beck Capital Management LLC boosted its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 4.7% in the third quarter, HoldingsChannel.com reports. The firm owned 58,066 shares of the company’s stock after acquiring an additional 2,597 shares during the period. Invesco S&P 100 Equal Weight ETF accounts for approximately 1.6% of Beck Capital Management LLC’s investment portfolio, making the stock its 19th biggest holding. Beck Capital Management LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $5,941,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of EQWL. LPL Financial LLC increased its position in Invesco S&P 100 Equal Weight ETF by 5.8% during the 2nd 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 lifted its holdings 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 during the period. Bond & Devick Financial Network Inc. increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 52.5% in the third 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 during the period. Thrivent Financial for Lutherans grew its position in Invesco S&P 100 Equal Weight ETF by 5.9% during the 2nd 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 during the period. Finally, Prentice Wealth Management LLC increased its holdings in shares of Invesco S&P 100 Equal Weight ETF by 1.3% during the 3rd quarter. Prentice Wealth Management LLC now owns 122,955 shares of the company’s stock valued at $12,581,000 after purchasing an additional 1,534 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Up 0.5 %

Shares of Invesco S&P 100 Equal Weight ETF stock opened at $107.72 on Monday. Invesco S&P 100 Equal Weight ETF has a twelve month low of $82.74 and a twelve month high of $107.90. The firm has a market cap of $724.96 million, a PE ratio of 22.06 and a beta of 0.83. The business has a 50-day moving average price of $103.79 and a 200 day moving average price of $98.99.

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.