Private Capital Management LLC Reduces Stock Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Private Capital Management LLC lessened its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 12.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,767 shares of the company’s stock after selling 1,092 shares during the quarter. Private Capital Management LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $794,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 41,441.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,985 shares of the company’s stock valued at $510,000 after purchasing an additional 4,973 shares in the last quarter. SeaCrest Wealth Management LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF by 49.6% in the 4th quarter. SeaCrest Wealth Management LLC now owns 4,235 shares of the company’s stock worth $433,000 after buying an additional 1,405 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF by 11.4% in the 4th quarter. Park Avenue Securities LLC now owns 14,283 shares of the company’s stock worth $1,461,000 after buying an additional 1,461 shares during the last quarter. Sanders Morris Harris LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF by 2,475.3% in the 4th quarter. Sanders Morris Harris LLC now owns 60,005 shares of the company’s stock worth $6,137,000 after buying an additional 57,675 shares during the last quarter. Finally, Merit Financial Group LLC grew its position in shares of Invesco S&P 100 Equal Weight ETF by 19.2% in the 4th quarter. Merit Financial Group LLC now owns 46,945 shares of the company’s stock worth $4,802,000 after buying an additional 7,570 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Down 0.4%

Shares of Invesco S&P 100 Equal Weight ETF stock opened at $104.54 on Thursday. The firm’s 50 day moving average price is $100.45 and its 200-day moving average price is $103.51. Invesco S&P 100 Equal Weight ETF has a 52-week low of $89.16 and a 52-week high of $108.44. The company has a market cap of $1.20 billion, a P/E ratio of 20.63 and a beta of 0.96.

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.