Fifth Third Securities Inc. Invests $1.48 Million in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Fifth Third Securities Inc. bought a new position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,554 shares of the company’s stock, valued at approximately $1,476,000. Fifth Third Securities Inc. owned approximately 0.44% of Invesco S&P 100 Equal Weight ETF at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of EQWL. Fiduciary Planning LLC raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 222.4% in the fourth quarter. Fiduciary Planning LLC now owns 281,710 shares of the company’s stock valued at $24,667,000 after buying an additional 194,321 shares during the last quarter. Sanders Morris Harris LLC acquired a new position in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter worth approximately $4,127,000. Able Wealth Management LLC bought a new stake in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at approximately $2,921,000. Merit Financial Group LLC bought a new stake in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at approximately $2,404,000. Finally, PCG Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at approximately $2,362,000.

Invesco S&P 100 Equal Weight ETF Stock Performance

NYSEARCA:EQWL opened at $94.19 on Tuesday. The company has a market cap of $633.90 million, a price-to-earnings ratio of 22.06 and a beta of 0.83. The stock’s fifty day moving average price is $93.55 and its two-hundred day moving average price is $91.40. Invesco S&P 100 Equal Weight ETF has a 52-week low of $74.80 and a 52-week high of $95.40.

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.