Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) Reaches New 1-Year High – Here’s What Happened

Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $125.62 and last traded at $125.56, with a volume of 22115 shares changing hands. The stock had previously closed at $124.76.

Invesco S&P 100 Equal Weight ETF Stock Performance

The firm has a market cap of $2.54 billion, a P/E ratio of 20.16 and a beta of 0.89. The firm’s fifty day moving average price is $119.21 and its 200 day moving average price is $119.01.

Institutional Investors Weigh In On Invesco S&P 100 Equal Weight ETF

Several large investors have recently modified their holdings of the business. LPL Financial LLC raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 9.7% in the 4th quarter. LPL Financial LLC now owns 1,765,365 shares of the company’s stock valued at $208,596,000 after purchasing an additional 156,725 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 3.4% in the 1st quarter. Cetera Investment Advisers now owns 678,768 shares of the company’s stock valued at $78,221,000 after purchasing an additional 22,443 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 7.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 475,654 shares of the company’s stock valued at $54,603,000 after purchasing an additional 31,244 shares in the last quarter. RFP Financial Group LLC raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 32.0% in the 4th quarter. RFP Financial Group LLC now owns 458,426 shares of the company’s stock valued at $54,167,000 after purchasing an additional 111,115 shares in the last quarter. Finally, Bond & Devick Financial Network Inc. raised its stake in shares of Invesco S&P 100 Equal Weight ETF by 4.2% during the 4th quarter. Bond & Devick Financial Network Inc. now owns 311,977 shares of the company’s stock worth $36,863,000 after acquiring an additional 12,652 shares in the last quarter.

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