QTR Family Wealth LLC Trims Stake in Invesco S&P 100 Equal Weight ETF $EQWL

QTR Family Wealth LLC reduced its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 1.8% during the 2nd quarter, Holdings Channel reports. The firm owned 5,580 shares of the company’s stock after selling 105 shares during the quarter. QTR Family Wealth LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $614,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Nova Wealth Management Inc. grew its holdings in Invesco S&P 100 Equal Weight ETF by 192.3% in the first quarter. Nova Wealth Management Inc. now owns 266 shares of the company’s stock valued at $27,000 after purchasing an additional 175 shares during the period. PNC Financial Services Group Inc. grew its holdings in Invesco S&P 100 Equal Weight ETF by 49.8% in the first quarter. PNC Financial Services Group Inc. now owns 379 shares of the company’s stock valued at $39,000 after purchasing an additional 126 shares during the period. Farther Finance Advisors LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF in the first quarter valued at approximately $59,000. Pinnacle Bancorp Inc. grew its holdings in Invesco S&P 100 Equal Weight ETF by 22.6% in the first quarter. Pinnacle Bancorp Inc. now owns 766 shares of the company’s stock valued at $79,000 after purchasing an additional 141 shares during the period. Finally, IFP Advisors Inc grew its holdings in Invesco S&P 100 Equal Weight ETF by 13.8% in the first quarter. IFP Advisors Inc now owns 1,040 shares of the company’s stock valued at $107,000 after purchasing an additional 126 shares during the period.

Invesco S&P 100 Equal Weight ETF Trading Up 0.2%

Shares of EQWL opened at $114.68 on Wednesday. Invesco S&P 100 Equal Weight ETF has a 12 month low of $89.16 and a 12 month high of $114.84. The stock’s 50 day moving average is $112.44 and its two-hundred day moving average is $107.16. The firm has a market cap of $1.61 billion, a P/E ratio of 20.16 and a beta of 0.98.

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.