Nations Financial Group Inc. IA ADV Decreases Holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Nations Financial Group Inc. IA ADV trimmed its stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 11.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,425 shares of the company’s stock after selling 940 shares during the period. Nations Financial Group Inc. IA ADV owned 0.11% of Invesco S&P 100 Equal Weight ETF worth $759,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Bond & Devick Financial Network Inc. lifted its holdings in Invesco S&P 100 Equal Weight ETF by 52.5% during the third quarter. Bond & Devick Financial Network Inc. now owns 184,919 shares of the company’s stock valued at $18,921,000 after purchasing an additional 63,654 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF by 6.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 103,103 shares of the company’s stock valued at $10,550,000 after purchasing an additional 6,673 shares in the last quarter. Sanders Morris Harris LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF by 2,475.3% during the fourth quarter. Sanders Morris Harris LLC now owns 60,005 shares of the company’s stock valued at $6,137,000 after purchasing an additional 57,675 shares in the last quarter. Beck Capital Management LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF by 4.7% during the third quarter. Beck Capital Management LLC now owns 58,066 shares of the company’s stock valued at $5,941,000 after purchasing an additional 2,597 shares in the last quarter. Finally, Able Wealth Management LLC lifted its holdings in Invesco S&P 100 Equal Weight ETF by 14.6% during the third quarter. Able Wealth Management LLC now owns 54,762 shares of the company’s stock valued at $5,603,000 after purchasing an additional 6,974 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Down 0.1 %

EQWL opened at $107.32 on Monday. The company has a market cap of $722.26 million, a price-to-earnings ratio of 22.06 and a beta of 0.83. Invesco S&P 100 Equal Weight ETF has a 52-week low of $89.40 and a 52-week high of $107.90. The firm’s fifty day simple moving average is $104.52 and its two-hundred day simple moving average is $102.76.

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.