US Bancorp DE Acquires New Shares in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

US Bancorp DE bought a new position in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 487 shares of the company’s stock, valued at approximately $50,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EQWL. First Heartland Consultants Inc. lifted its position in Invesco S&P 100 Equal Weight ETF by 2.2% in the 2nd quarter. First Heartland Consultants Inc. now owns 4,805 shares of the company’s stock valued at $454,000 after acquiring an additional 105 shares in the last quarter. PSI Advisors LLC lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 4.0% in the third quarter. PSI Advisors LLC now owns 2,885 shares of the company’s stock valued at $295,000 after purchasing an additional 110 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its position in shares of Invesco S&P 100 Equal Weight ETF by 2.3% during the second quarter. Nations Financial Group Inc. IA ADV now owns 8,451 shares of the company’s stock worth $799,000 after buying an additional 189 shares during the period. CoreFirst Bank & Trust grew its holdings in shares of Invesco S&P 100 Equal Weight ETF by 1.6% during the first quarter. CoreFirst Bank & Trust now owns 13,787 shares of the company’s stock worth $1,308,000 after buying an additional 213 shares in the last quarter. Finally, Carnegie Investment Counsel raised its position in Invesco S&P 100 Equal Weight ETF by 2.7% in the 3rd quarter. Carnegie Investment Counsel now owns 8,728 shares of the company’s stock valued at $893,000 after buying an additional 229 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

NYSEARCA EQWL opened at $104.61 on Monday. Invesco S&P 100 Equal Weight ETF has a 52 week low of $81.27 and a 52 week high of $106.97. The stock’s 50 day moving average price is $102.60 and its two-hundred day moving average price is $98.01. The stock has a market capitalization of $704.03 million, a price-to-earnings ratio of 22.06 and a beta of 0.83.

About Invesco S&P 100 Equal Weight ETF

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.