26,689 Shares in Invesco S&P 100 Equal Weight ETF $EQWL Purchased by Steele Capital Management Inc.

Steele Capital Management Inc. acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 26,689 shares of the company’s stock, valued at approximately $3,444,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kestra Advisory Services LLC raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 15.5% during the third quarter. Kestra Advisory Services LLC now owns 46,529 shares of the company’s stock worth $6,005,000 after purchasing an additional 6,259 shares during the last quarter. Commonwealth Equity Services LLC purchased a new stake in Invesco S&P 100 Equal Weight ETF in the third quarter valued at $18,240,000. Chicago Partners Investment Group LLC purchased a new stake in Invesco S&P 100 Equal Weight ETF in the third quarter valued at $1,562,000. International Assets Investment Management LLC grew its position in Invesco S&P 100 Equal Weight ETF by 762.1% during the 3rd quarter. International Assets Investment Management LLC now owns 15,000 shares of the company’s stock worth $1,936,000 after purchasing an additional 13,260 shares during the period. Finally, Founders Financial Securities LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF during the 3rd quarter worth about $521,000.

Invesco S&P 100 Equal Weight ETF Stock Performance

NYSEARCA EQWL opened at $129.91 on Friday. The stock has a 50-day simple moving average of $131.87 and a two-hundred day simple moving average of $126.54. The firm has a market capitalization of $2.80 billion, a P/E ratio of 20.16 and a beta of 0.90. Invesco S&P 100 Equal Weight ETF has a fifty-two week low of $112.31 and a fifty-two week high of $136.07.

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. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities.