Arkadios Wealth Advisors Invests $284,000 in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Arkadios Wealth Advisors acquired a new position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,775 shares of the company’s stock, valued at approximately $284,000.

A number of other institutional investors also recently modified their holdings of EQWL. Merit Financial Group LLC boosted its stake in Invesco S&P 100 Equal Weight ETF by 19.2% during the fourth quarter. Merit Financial Group LLC now owns 46,945 shares of the company’s stock valued at $4,802,000 after buying an additional 7,570 shares during the period. Sanders Morris Harris LLC raised its holdings in Invesco S&P 100 Equal Weight ETF by 2,475.3% during the 4th quarter. Sanders Morris Harris LLC now owns 60,005 shares of the company’s stock valued at $6,137,000 after buying an additional 57,675 shares during the last quarter. Park Avenue Securities LLC boosted its position in Invesco S&P 100 Equal Weight ETF by 11.4% during the 4th quarter. Park Avenue Securities LLC now owns 14,283 shares of the company’s stock valued at $1,461,000 after buying an additional 1,461 shares during the period. SeaCrest Wealth Management LLC grew its stake in shares of Invesco S&P 100 Equal Weight ETF by 49.6% in the fourth quarter. SeaCrest Wealth Management LLC now owns 4,235 shares of the company’s stock worth $433,000 after purchasing an additional 1,405 shares during the last quarter. Finally, Diversified Trust Co bought a new position in shares of Invesco S&P 100 Equal Weight ETF during the fourth quarter valued at approximately $221,000.

Invesco S&P 100 Equal Weight ETF Trading Up 1.0 %

Shares of EQWL opened at $106.53 on Friday. Invesco S&P 100 Equal Weight ETF has a 1-year low of $88.03 and a 1-year high of $107.90. The firm’s 50-day moving average price is $104.44 and its 200-day moving average price is $101.55. The firm has a market capitalization of $716.95 million, a price-to-earnings ratio of 22.06 and a beta of 0.83.

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.