Truist Financial Corp Purchases 4,392 Shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Truist Financial Corp lifted its position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 12.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,750 shares of the company’s stock after buying an additional 4,392 shares during the period. Truist Financial Corp owned approximately 0.59% of Invesco S&P 100 Equal Weight ETF worth $3,756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Concourse Financial Group Securities Inc. increased its holdings in Invesco S&P 100 Equal Weight ETF by 62.2% during the first quarter. Concourse Financial Group Securities Inc. now owns 540 shares of the company’s stock valued at $51,000 after buying an additional 207 shares during the last quarter. Advisor Resource Council bought a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 1st quarter valued at $220,000. SeaCrest Wealth Management LLC purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF in the 2nd quarter worth $236,000. PSI Advisors LLC raised its holdings in Invesco S&P 100 Equal Weight ETF by 5.6% in the 2nd quarter. PSI Advisors LLC now owns 2,775 shares of the company’s stock worth $262,000 after purchasing an additional 147 shares during the period. Finally, Thoroughbred Financial Services LLC lifted its position in Invesco S&P 100 Equal Weight ETF by 17.0% during the second quarter. Thoroughbred Financial Services LLC now owns 3,647 shares of the company’s stock valued at $344,000 after purchasing an additional 530 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Up 0.4 %

Shares of EQWL opened at $101.93 on Wednesday. The business has a 50-day simple moving average of $99.12 and a two-hundred day simple moving average of $95.75. The stock has a market cap of $685.99 million, a price-to-earnings ratio of 22.06 and a beta of 0.83. Invesco S&P 100 Equal Weight ETF has a 52 week low of $74.80 and a 52 week high of $102.51.

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.