Royal Bank of Canada Has $11.91 Million Holdings in Invesco S&P 100 Equal Weight ETF $EQWL

Royal Bank of Canada grew its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 51.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 103,346 shares of the company’s stock after acquiring an additional 35,123 shares during the quarter. Royal Bank of Canada’s holdings in Invesco S&P 100 Equal Weight ETF were worth $11,909,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of EQWL. Wealth Enhancement Trust Services Inc. bought a new position in Invesco S&P 100 Equal Weight ETF during the fourth quarter worth $2,205,000. Fifth Third Securities Inc. boosted its holdings in Invesco S&P 100 Equal Weight ETF by 12.5% in the 4th quarter. Fifth Third Securities Inc. now owns 47,397 shares of the company’s stock valued at $5,600,000 after purchasing an additional 5,260 shares during the period. KPP Advisory Services LLC boosted its holdings in Invesco S&P 100 Equal Weight ETF by 57.4% in the 1st quarter. KPP Advisory Services LLC now owns 102,185 shares of the company’s stock valued at $11,776,000 after purchasing an additional 37,248 shares during the period. REDW Wealth LLC grew its position in Invesco S&P 100 Equal Weight ETF by 131.5% in the 4th quarter. REDW Wealth LLC now owns 8,964 shares of the company’s stock worth $1,059,000 after purchasing an additional 5,092 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P 100 Equal Weight ETF by 4.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 176,210 shares of the company’s stock worth $20,821,000 after purchasing an additional 7,002 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

NYSEARCA:EQWL opened at $133.93 on Friday. The firm’s 50-day moving average is $129.39 and its 200-day moving average is $123.83. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 20.16 and a beta of 0.89. Invesco S&P 100 Equal Weight ETF has a 52-week low of $109.91 and a 52-week high of $133.99.

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.