National Wealth Management Group LLC Sells 11,394 Shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

National Wealth Management Group LLC cut its stake in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 50.7% in the third quarter, HoldingsChannel.com reports. The fund owned 11,098 shares of the company’s stock after selling 11,394 shares during the period. National Wealth Management Group LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $1,136,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EQWL. Cetera Investment Advisers increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 1,773.7% in the 1st quarter. Cetera Investment Advisers now owns 251,149 shares of the company’s stock valued at $23,832,000 after acquiring an additional 237,745 shares during the last quarter. Bond & Devick Financial Network Inc. increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 52.5% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 184,919 shares of the company’s stock valued at $18,921,000 after acquiring an additional 63,654 shares during the last quarter. Sanders Morris Harris LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 2,610.1% in the 2nd quarter. Sanders Morris Harris LLC now owns 61,004 shares of the company’s stock valued at $5,765,000 after acquiring an additional 58,753 shares during the last quarter. Cetera Advisor Networks LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 18.0% in the 1st quarter. Cetera Advisor Networks LLC now owns 231,033 shares of the company’s stock valued at $21,923,000 after acquiring an additional 35,183 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF by 5.8% in the 2nd quarter. LPL Financial LLC now owns 565,274 shares of the company’s stock valued at $53,418,000 after acquiring an additional 31,162 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL stock opened at $107.22 on Thursday. The stock has a market cap of $721.59 million, a PE ratio of 22.06 and a beta of 0.83. The stock has a 50-day moving average of $103.56 and a 200-day moving average of $98.77. Invesco S&P 100 Equal Weight ETF has a one year low of $82.17 and a one year high of $107.58.

Invesco S&P 100 Equal Weight ETF 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.