Principal Securities Inc. Increases Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Principal Securities Inc. lifted its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 79.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 43,097 shares of the company’s stock after buying an additional 19,133 shares during the quarter. Principal Securities Inc.’s holdings in Invesco S&P 100 Equal Weight ETF were worth $4,408,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of EQWL. Bond & Devick Financial Network Inc. grew its position in Invesco S&P 100 Equal Weight ETF by 52.5% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 184,919 shares of the company’s stock valued at $18,921,000 after acquiring an additional 63,654 shares during the last quarter. Sanders Morris Harris LLC grew its holdings in shares of Invesco S&P 100 Equal Weight ETF by 2,475.3% in the fourth quarter. Sanders Morris Harris LLC now owns 60,005 shares of the company’s stock worth $6,137,000 after purchasing an additional 57,675 shares during the last quarter. Kovack Advisors Inc. purchased a new position in Invesco S&P 100 Equal Weight ETF in the 3rd quarter worth about $1,398,000. Fifth Third Securities Inc. increased its stake in Invesco S&P 100 Equal Weight ETF by 32.9% in the 4th quarter. Fifth Third Securities Inc. now owns 35,811 shares of the company’s stock worth $3,663,000 after buying an additional 8,865 shares during the period. Finally, Merit Financial Group LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF by 19.2% during the 4th quarter. Merit Financial Group LLC now owns 46,945 shares of the company’s stock valued at $4,802,000 after buying an additional 7,570 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL stock opened at $107.32 on Monday. The company has a market capitalization of $722.26 million, a P/E ratio of 22.06 and a beta of 0.83. The company’s 50-day simple moving average is $104.52 and its two-hundred day simple moving average is $102.76. Invesco S&P 100 Equal Weight ETF has a one year low of $89.40 and a one year high of $107.90.

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.