Cahill Financial Advisors Inc. Purchases 1,841 Shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Cahill Financial Advisors Inc. raised its position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 55.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,167 shares of the company’s stock after purchasing an additional 1,841 shares during the period. Cahill Financial Advisors Inc.’s holdings in Invesco S&P 100 Equal Weight ETF were worth $529,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. US Bancorp DE bought a new stake in shares of Invesco S&P 100 Equal Weight ETF in the third quarter valued at about $50,000. Pinnacle Bancorp Inc. bought a new stake in Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at $64,000. Kingsview Wealth Management LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF in the 3rd quarter valued at $241,000. Atlas Private Wealth Advisors bought a new stake in Invesco S&P 100 Equal Weight ETF during the third quarter valued at about $251,000. Finally, SeaCrest Wealth Management LLC purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the second quarter valued at about $236,000.

Invesco S&P 100 Equal Weight ETF Trading Up 1.0 %

NYSEARCA:EQWL opened at $106.55 on Monday. The firm has a fifty day simple moving average of $103.17 and a 200-day simple moving average of $98.52. Invesco S&P 100 Equal Weight ETF has a 12 month low of $82.17 and a 12 month high of $106.97. The company has a market capitalization of $717.08 million, a P/E ratio of 22.06 and a beta of 0.83.

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.