National Wealth Management Group LLC Lowers Stock Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

National Wealth Management Group LLC trimmed its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 16.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,321 shares of the company’s stock after selling 1,777 shares during the quarter. National Wealth Management Group LLC owned about 0.14% of Invesco S&P 100 Equal Weight ETF worth $953,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors purchased a new position in shares of Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at about $284,000. Jane Street Group LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF by 83.6% in the 3rd 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 in the last quarter. FMR LLC boosted its stake 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 worth $157,000 after purchasing an additional 314 shares during the period. JPMorgan Chase & Co. grew its holdings in Invesco S&P 100 Equal Weight ETF by 41,441.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,985 shares of the company’s stock valued at $510,000 after buying an additional 4,973 shares in the last quarter. Finally, US Bancorp DE raised its position in shares of Invesco S&P 100 Equal Weight ETF by 40.5% during the fourth quarter. US Bancorp DE now owns 684 shares of the company’s stock valued at $70,000 after buying an additional 197 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

EQWL stock opened at $103.09 on Tuesday. The company’s fifty day moving average price is $105.58 and its 200-day moving average price is $104.32. Invesco S&P 100 Equal Weight ETF has a one year low of $89.82 and a one year high of $108.44. The company has a market capitalization of $1.10 billion, a PE ratio of 20.53 and a beta of 0.98.

Invesco S&P 100 Equal Weight ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.5309 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco S&P 100 Equal Weight ETF’s previous dividend of $0.48.

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.