Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) Shares Sold by National Wealth Management Group LLC

National Wealth Management Group LLC lowered its stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 16.0% during the fourth quarter, HoldingsChannel reports. 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’s holdings in Invesco S&P 100 Equal Weight ETF were worth $953,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Arkadios Wealth Advisors acquired a new position in shares of Invesco S&P 100 Equal Weight ETF in the 4th quarter worth approximately $284,000. Jane Street Group LLC lifted its stake 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 worth $433,000 after purchasing an additional 1,926 shares in the last quarter. FMR LLC boosted its position in shares of 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 worth $157,000 after buying an additional 314 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 100 Equal Weight ETF by 41,441.7% in the third 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 holdings in shares of Invesco S&P 100 Equal Weight ETF by 40.5% in the 4th 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 period.

Invesco S&P 100 Equal Weight ETF Price Performance

NYSEARCA EQWL opened at $103.09 on Tuesday. The company has a market cap of $1.10 billion, a P/E ratio of 20.53 and a beta of 0.98. The stock has a 50-day moving average of $105.58 and a two-hundred day moving average of $104.32. Invesco S&P 100 Equal Weight ETF has a 1-year low of $89.82 and a 1-year high of $108.44.

Invesco S&P 100 Equal Weight ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a dividend of $0.5309 per share. This is an increase from Invesco S&P 100 Equal Weight ETF’s previous dividend of $0.48. The ex-dividend date was Monday, March 24th.

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.