Brookstone Capital Management Sells 774 Shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Brookstone Capital Management reduced its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 24.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,398 shares of the company’s stock after selling 774 shares during the quarter. Brookstone Capital Management’s holdings in Invesco S&P 100 Equal Weight ETF were worth $245,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. FMR LLC increased its position in Invesco S&P 100 Equal Weight ETF by 25.7% during the 3rd quarter. FMR LLC now owns 1,536 shares of the company’s stock valued at $157,000 after purchasing an additional 314 shares during the period. Private Advisor Group LLC purchased a new position in Invesco S&P 100 Equal Weight ETF during the third quarter valued at approximately $429,000. Jane Street Group LLC raised its stake in Invesco S&P 100 Equal Weight ETF by 83.6% in the third quarter. Jane Street Group LLC now owns 4,230 shares of the company’s stock worth $433,000 after buying an additional 1,926 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Invesco S&P 100 Equal Weight ETF by 16.0% in the second quarter. Envestnet Asset Management Inc. now owns 53,751 shares of the company’s stock worth $5,079,000 after buying an additional 7,411 shares in the last quarter. Finally, US Bancorp DE purchased a new stake in Invesco S&P 100 Equal Weight ETF during the third quarter worth $50,000.

Invesco S&P 100 Equal Weight ETF Trading Up 0.9 %

Shares of NYSEARCA:EQWL opened at $104.44 on Friday. The business’s fifty day simple moving average is $104.50 and its 200-day simple moving average is $101.34. The company has a market capitalization of $702.88 million, a PE ratio of 22.06 and a beta of 0.83. Invesco S&P 100 Equal Weight ETF has a 12-month low of $86.21 and a 12-month high of $107.90.

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.