Graney & King LLC Takes $143,000 Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Graney & King LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,401 shares of the company’s stock, valued at approximately $143,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Arkadios Wealth Advisors acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter valued at approximately $284,000. Jane Street Group LLC lifted its position in Invesco S&P 100 Equal Weight ETF by 83.6% in the third quarter. Jane Street Group LLC now owns 4,230 shares of the company’s stock worth $433,000 after purchasing an additional 1,926 shares during the period. FMR LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF by 25.7% in the 3rd quarter. FMR LLC now owns 1,536 shares of the company’s stock valued at $157,000 after acquiring an additional 314 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings 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 worth $510,000 after buying an additional 4,973 shares in the last quarter. Finally, US Bancorp DE boosted its stake in shares of Invesco S&P 100 Equal Weight ETF by 40.5% during the 4th quarter. US Bancorp DE now owns 684 shares of the company’s stock worth $70,000 after acquiring an additional 197 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

EQWL opened at $104.59 on Wednesday. Invesco S&P 100 Equal Weight ETF has a 12-month low of $89.82 and a 12-month high of $108.44. The firm has a market capitalization of $1.12 billion, a P/E ratio of 20.53 and a beta of 0.98. The stock has a fifty day moving average of $105.63 and a 200-day moving average of $104.20.

Invesco S&P 100 Equal Weight ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.5309 per share. This is a positive change from Invesco S&P 100 Equal Weight ETF’s previous dividend of $0.48. The ex-dividend date is Monday, March 24th.

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.