Steele Capital Management Inc. Takes Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Steele Capital Management Inc. bought a new position in shares of 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 (SEC). The firm bought 19,538 shares of the company’s stock, valued at approximately $1,711,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter worth about $207,000. PSI Advisors LLC grew its holdings in Invesco S&P 100 Equal Weight ETF by 159.4% in the fourth quarter. PSI Advisors LLC now owns 2,436 shares of the company’s stock valued at $213,000 after purchasing an additional 1,497 shares during the period. FLC Capital Advisors purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at approximately $245,000. Atria Wealth Solutions Inc. purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the 3rd quarter valued at approximately $233,000. Finally, Durante & Waters LLC acquired a new stake in Invesco S&P 100 Equal Weight ETF in the 4th quarter valued at $315,000.

Invesco S&P 100 Equal Weight ETF Price Performance

NYSEARCA EQWL traded up $0.51 on Monday, hitting $92.28. The company had a trading volume of 14,107 shares, compared to its average volume of 45,011. The company has a market capitalization of $621.04 million, a PE ratio of 21.70 and a beta of 0.86. Invesco S&P 100 Equal Weight ETF has a 12-month low of $74.80 and a 12-month high of $95.23. The company’s fifty day moving average price is $92.30 and its 200-day moving average price is $87.16.

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.