LPL Financial LLC Boosts Holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

LPL Financial LLC boosted its holdings in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 15.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 786,301 shares of the company’s stock after buying an additional 106,600 shares during the quarter. LPL Financial LLC owned approximately 11.68% of Invesco S&P 100 Equal Weight ETF worth $80,423,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Wintrust Investments LLC lifted its position in shares of Invesco S&P 100 Equal Weight ETF by 20.0% during the 4th quarter. Wintrust Investments LLC now owns 900 shares of the company’s stock valued at $92,000 after buying an additional 150 shares in the last quarter. US Bancorp DE raised its stake in 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 during the period. Global Retirement Partners LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF by 17.4% during the fourth quarter. Global Retirement Partners LLC now owns 2,020 shares of the company’s stock valued at $207,000 after purchasing an additional 300 shares in the last quarter. FMR LLC lifted its holdings 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 in the last quarter. Finally, Silver Oak Securities Incorporated boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 9.9% in the fourth quarter. Silver Oak Securities Incorporated now owns 3,681 shares of the company’s stock worth $376,000 after purchasing an additional 331 shares during the period.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL stock opened at $104.16 on Thursday. 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’s fifty day moving average price is $105.65 and its 200-day moving average price is $104.20. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 20.53 and a beta of 0.98.

Invesco S&P 100 Equal Weight ETF Increases Dividend

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

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.