Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) Short Interest Down 65.7% in August

Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 43,322 shares, a decrease of 65.7% from the August 15th total of 126,457 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 120,542 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Invesco S&P 100 Equal Weight ETF

A number of large investors have recently bought and sold shares of the business. Parallel Advisors LLC grew its stake in Invesco S&P 100 Equal Weight ETF by 5.1% during the third quarter. Parallel Advisors LLC now owns 1,757 shares of the company’s stock worth $201,000 after purchasing an additional 85 shares during the period. JPMorgan Chase & Co. lifted its stake in Invesco S&P 100 Equal Weight ETF by 0.3% in the fourth quarter. JPMorgan Chase & Co. now owns 36,244 shares of the company’s stock valued at $4,283,000 after buying an additional 108 shares during the period. Avant Capital LLC boosted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 3.5% during the 4th quarter. Avant Capital LLC now owns 3,806 shares of the company’s stock worth $450,000 after buying an additional 127 shares in the last quarter. Beacon Pointe Advisors LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF by 0.9% during the 4th quarter. Beacon Pointe Advisors LLC now owns 15,930 shares of the company’s stock worth $1,882,000 after buying an additional 140 shares during the period. Finally, Carnegie Investment Counsel increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 2.5% in the 1st quarter. Carnegie Investment Counsel now owns 8,679 shares of the company’s stock valued at $1,000,000 after acquiring an additional 209 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

NYSEARCA:EQWL opened at $132.47 on Friday. Invesco S&P 100 Equal Weight ETF has a 52 week low of $112.31 and a 52 week high of $136.07. The firm’s fifty day moving average is $132.37 and its 200-day moving average is $126.11. The firm has a market cap of $2.74 billion, a P/E ratio of 20.16 and a beta of 0.89.

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.