Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,584 shares of the company’s stock after selling 317 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco S&P 100 Equal Weight ETF were worth $5,890,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. FMR LLC raised its stake in Invesco S&P 100 Equal Weight ETF by 25.7% during the third quarter. FMR LLC now owns 1,536 shares of the company’s stock worth $157,000 after acquiring an additional 314 shares during the period. Jane Street Group LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 83.6% during the third quarter. Jane Street Group LLC now owns 4,230 shares of the company’s stock valued at $433,000 after acquiring an additional 1,926 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 41,441.7% in the third quarter. JPMorgan Chase & Co. now owns 4,985 shares of the company’s stock valued at $510,000 after buying an additional 4,973 shares during the period. Diversified Trust Co bought a new position in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter valued at about $221,000. Finally, SeaCrest Wealth Management LLC boosted its holdings in Invesco S&P 100 Equal Weight ETF by 49.6% during the fourth quarter. SeaCrest Wealth Management LLC now owns 4,235 shares of the company’s stock worth $433,000 after buying an additional 1,405 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Down 1.8 %

EQWL opened at $94.58 on Tuesday. The business has a fifty day simple moving average of $102.29 and a 200-day simple moving average of $103.73. The firm has a market cap of $1.04 billion, a PE ratio of 18.41 and a beta of 0.96. Invesco S&P 100 Equal Weight ETF has a fifty-two week low of $89.16 and a fifty-two week high of $108.44.

Invesco S&P 100 Equal Weight ETF 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.