Steele Capital Management Inc. Takes $1.71 Million Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Steele Capital Management Inc. acquired a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 19,538 shares of the company’s stock, valued at approximately $1,711,000. Steele Capital Management Inc. owned 0.55% of Invesco S&P 100 Equal Weight ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp lifted its stake in Invesco S&P 100 Equal Weight ETF by 40.8% in the 4th quarter. Truist Financial Corp now owns 24,901 shares of the company’s stock valued at $2,180,000 after acquiring an additional 7,218 shares in the last quarter. National Wealth Management Group LLC lifted its position in shares of Invesco S&P 100 Equal Weight ETF by 7.9% in the fourth quarter. National Wealth Management Group LLC now owns 24,844 shares of the company’s stock worth $2,175,000 after purchasing an additional 1,826 shares in the last quarter. PSI Advisors LLC boosted its holdings in Invesco S&P 100 Equal Weight ETF by 159.4% during the fourth quarter. PSI Advisors LLC now owns 2,436 shares of the company’s stock worth $213,000 after purchasing an additional 1,497 shares during the last quarter. CWM LLC bought a new position in Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at $1,189,000. Finally, J.W. Cole Advisors Inc. bought a new position in Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at $207,000.

Invesco S&P 100 Equal Weight ETF Price Performance

NYSEARCA:EQWL traded up $0.51 on Monday, hitting $92.28. 14,107 shares of the company’s stock were exchanged, compared to its average volume of 45,011. The firm has a 50-day moving average price of $92.30 and a 200-day moving average price of $87.16. Invesco S&P 100 Equal Weight ETF has a 52 week low of $74.80 and a 52 week high of $95.23. The company has a market cap of $621.04 million, a P/E ratio of 21.70 and a beta of 0.86.

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.