Truist Financial Corp Trims Holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Truist Financial Corp cut its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 1.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 42,197 shares of the company’s stock after selling 461 shares during the period. Truist Financial Corp owned 0.63% of Invesco S&P 100 Equal Weight ETF worth $4,316,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in EQWL. Bond & Devick Financial Network Inc. raised its stake in Invesco S&P 100 Equal Weight ETF by 52.5% during the third quarter. Bond & Devick Financial Network Inc. now owns 184,919 shares of the company’s stock worth $18,921,000 after purchasing an additional 63,654 shares during the period. Sanders Morris Harris LLC lifted its position in Invesco S&P 100 Equal Weight ETF by 2,475.3% during the fourth quarter. Sanders Morris Harris LLC now owns 60,005 shares of the company’s stock valued at $6,137,000 after buying an additional 57,675 shares in the last quarter. Highview Capital Management LLC DE purchased a new stake in Invesco S&P 100 Equal Weight ETF during the fourth quarter worth approximately $2,531,000. Principal Securities Inc. increased its holdings in Invesco S&P 100 Equal Weight ETF by 79.8% in the 4th quarter. Principal Securities Inc. now owns 43,097 shares of the company’s stock valued at $4,408,000 after purchasing an additional 19,133 shares in the last quarter. Finally, Kovack Advisors Inc. acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF in the third quarter valued at about $1,398,000.

Invesco S&P 100 Equal Weight ETF Stock Down 1.1 %

EQWL opened at $106.88 on Monday. Invesco S&P 100 Equal Weight ETF has a 52-week low of $89.82 and a 52-week high of $108.28. The firm has a market capitalization of $719.30 million, a P/E ratio of 22.06 and a beta of 0.83. The firm’s 50 day moving average is $104.71 and its 200-day moving average is $103.15.

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.