Kingswood Wealth Advisors LLC Has $1.62 Million Stock Holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Kingswood Wealth Advisors LLC lifted its stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 61.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,114 shares of the company’s stock after acquiring an additional 6,528 shares during the quarter. Kingswood Wealth Advisors LLC owned approximately 0.25% of Invesco S&P 100 Equal Weight ETF worth $1,617,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Cetera Investment Advisers increased its position in Invesco S&P 100 Equal Weight ETF by 1,773.7% during the first quarter. Cetera Investment Advisers now owns 251,149 shares of the company’s stock worth $23,832,000 after buying an additional 237,745 shares during the last quarter. Fiduciary Planning LLC increased its position in Invesco S&P 100 Equal Weight ETF by 222.4% during the fourth quarter. Fiduciary Planning LLC now owns 281,710 shares of the company’s stock worth $24,667,000 after buying an additional 194,321 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in Invesco S&P 100 Equal Weight ETF by 856.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 83,760 shares of the company’s stock worth $7,948,000 after buying an additional 75,006 shares during the last quarter. Avantax Advisory Services Inc. increased its position in Invesco S&P 100 Equal Weight ETF by 2,118.2% during the first quarter. Avantax Advisory Services Inc. now owns 76,395 shares of the company’s stock worth $7,249,000 after buying an additional 72,951 shares during the last quarter. Finally, Beck Capital Management LLC increased its position in Invesco S&P 100 Equal Weight ETF by 1,231.4% during the first quarter. Beck Capital Management LLC now owns 60,128 shares of the company’s stock worth $5,706,000 after buying an additional 55,612 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Trading Down 0.6 %

Invesco S&P 100 Equal Weight ETF stock traded down $0.58 during mid-day trading on Wednesday, hitting $93.24. 43,211 shares of the company’s stock were exchanged, compared to its average volume of 43,641. The stock has a market cap of $627.51 million, a P/E ratio of 22.06 and a beta of 0.83. Invesco S&P 100 Equal Weight ETF has a 1-year low of $74.80 and a 1-year high of $98.85. The stock has a 50 day moving average of $95.15 and a two-hundred day moving average of $93.02.

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.