Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 41,441.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,985 shares of the company’s stock after acquiring an additional 4,973 shares during the period. JPMorgan Chase & Co. owned approximately 0.07% of Invesco S&P 100 Equal Weight ETF worth $510,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bond & Devick Financial Network Inc. increased its holdings in Invesco S&P 100 Equal Weight ETF by 52.5% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 184,919 shares of the company’s stock valued at $18,921,000 after purchasing an additional 63,654 shares in the last quarter. CHB Investment Group LLC acquired a new stake in shares of Invesco S&P 100 Equal Weight ETF in the third quarter valued at about $2,580,000. Kovack Advisors Inc. purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at about $1,398,000. Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P 100 Equal Weight ETF by 16.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 53,751 shares of the company’s stock valued at $5,079,000 after buying an additional 7,411 shares during the period. Finally, Able Wealth Management LLC lifted its position in Invesco S&P 100 Equal Weight ETF by 14.6% during the 3rd quarter. Able Wealth Management LLC now owns 54,762 shares of the company’s stock worth $5,603,000 after acquiring an additional 6,974 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Down 0.6 %

Shares of NYSEARCA:EQWL opened at $106.53 on Wednesday. The company has a market capitalization of $716.95 million, a price-to-earnings ratio of 22.06 and a beta of 0.83. The company has a 50 day moving average of $104.54 and a two-hundred day moving average of $101.83. Invesco S&P 100 Equal Weight ETF has a 52-week low of $88.30 and a 52-week 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.