Fifth Third Bancorp Acquires Shares of 10,757 Invesco S&P 100 Equal Weight ETF $EQWL

Fifth Third Bancorp acquired a new position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,757 shares of the company’s stock, valued at approximately $1,240,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada raised its position in shares of Invesco S&P 100 Equal Weight ETF by 16.7% in the 1st quarter. Royal Bank of Canada now owns 46,495 shares of the company’s stock worth $4,793,000 after acquiring an additional 6,664 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 20.7% in the 1st quarter. NewEdge Advisors LLC now owns 4,082 shares of the company’s stock worth $421,000 after acquiring an additional 700 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in Invesco S&P 100 Equal Weight ETF during the 1st quarter valued at about $872,000. Jane Street Group LLC lifted its position in Invesco S&P 100 Equal Weight ETF by 6.5% during the 1st quarter. Jane Street Group LLC now owns 7,594 shares of the company’s stock valued at $783,000 after acquiring an additional 465 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in Invesco S&P 100 Equal Weight ETF by 557.7% during the second quarter. JPMorgan Chase & Co. now owns 31,640 shares of the company’s stock worth $3,479,000 after acquiring an additional 26,829 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of EQWL opened at $129.25 on Friday. Invesco S&P 100 Equal Weight ETF has a fifty-two week low of $108.00 and a fifty-two week high of $131.47. The firm’s 50-day simple moving average is $128.36 and its two-hundred day simple moving average is $123.04. The stock has a market cap of $2.69 billion, a PE ratio of 20.16 and a beta of 0.89.

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