Ameriprise Financial Inc. Has $26.67 Million Stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Ameriprise Financial Inc. raised its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 42.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 260,725 shares of the company’s stock after purchasing an additional 77,863 shares during the quarter. Ameriprise Financial Inc. owned approximately 3.87% of Invesco S&P 100 Equal Weight ETF worth $26,666,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of EQWL. JPMorgan Chase & Co. increased 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 purchasing an additional 4,973 shares in the last quarter. SeaCrest Wealth Management LLC boosted its position in Invesco S&P 100 Equal Weight ETF by 49.6% in the 4th quarter. SeaCrest Wealth Management LLC now owns 4,235 shares of the company’s stock valued at $433,000 after buying an additional 1,405 shares during the last quarter. Park Avenue Securities LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 11.4% in the 4th quarter. Park Avenue Securities LLC now owns 14,283 shares of the company’s stock valued at $1,461,000 after buying an additional 1,461 shares during the period. Sanders Morris Harris LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 2,475.3% in the 4th 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 during the period. Finally, Merit Financial Group LLC raised its position in shares of Invesco S&P 100 Equal Weight ETF by 19.2% during the fourth quarter. Merit Financial Group LLC now owns 46,945 shares of the company’s stock worth $4,802,000 after acquiring an additional 7,570 shares during the last quarter.

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

Shares of EQWL opened at $105.00 on Wednesday. The stock’s fifty day simple moving average is $100.47 and its 200-day simple moving average is $103.50. The firm has a market capitalization of $1.20 billion, a PE ratio of 20.63 and a beta of 0.96. Invesco S&P 100 Equal Weight ETF has a 12-month low of $89.16 and a 12-month high of $108.44.

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.