Fifth Third Securities Inc. Buys 8,865 Shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Fifth Third Securities Inc. boosted its stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 32.9% during the fourth quarter, Holdings Channel reports. The firm owned 35,811 shares of the company’s stock after purchasing an additional 8,865 shares during the quarter. Fifth Third Securities Inc.’s holdings in Invesco S&P 100 Equal Weight ETF were worth $3,663,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors bought a new position in Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at approximately $284,000. FMR LLC lifted its position in Invesco S&P 100 Equal Weight ETF by 25.7% during the third quarter. FMR LLC now owns 1,536 shares of the company’s stock valued at $157,000 after purchasing an additional 314 shares during the period. Jane Street Group LLC lifted its position in Invesco S&P 100 Equal Weight ETF by 83.6% during the third quarter. Jane Street Group LLC now owns 4,230 shares of the company’s stock valued at $433,000 after purchasing an additional 1,926 shares during the period. Private Advisor Group LLC bought a new position in Invesco S&P 100 Equal Weight ETF during the third quarter valued at approximately $429,000. Finally, JPMorgan Chase & Co. lifted its position in Invesco S&P 100 Equal Weight ETF by 41,441.7% during the third 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 during the period.

Invesco S&P 100 Equal Weight ETF Trading Up 0.7 %

EQWL opened at $107.09 on Friday. Invesco S&P 100 Equal Weight ETF has a 1-year low of $88.30 and a 1-year high of $107.90. The company has a market capitalization of $720.72 million, a PE ratio of 22.06 and a beta of 0.83. The firm’s 50 day simple moving average is $104.61 and its two-hundred day simple moving average is $101.93.

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.