Comerica Bank Trims Stock Position in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

Comerica Bank lessened its holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 2.5% during the 4th quarter, Holdings Channel reports. The firm owned 11,247 shares of the company’s stock after selling 294 shares during the quarter. Comerica Bank’s holdings in Invesco S&P 100 Equal Weight ETF were worth $1,150,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Harbour Investments Inc. lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 2,976.9% in the fourth quarter. Harbour Investments Inc. now owns 400 shares of the company’s stock valued at $41,000 after purchasing an additional 387 shares in the last quarter. Blair William & Co. IL purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at about $41,000. US Bancorp DE lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 40.5% in the fourth quarter. US Bancorp DE now owns 684 shares of the company’s stock valued at $70,000 after purchasing an additional 197 shares in the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in shares of Invesco S&P 100 Equal Weight ETF by 64.1% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 886 shares of the company’s stock valued at $93,000 after purchasing an additional 346 shares in the last quarter. Finally, Wintrust Investments LLC lifted its stake in shares of Invesco S&P 100 Equal Weight ETF by 20.0% during the fourth quarter. Wintrust Investments LLC now owns 900 shares of the company’s stock valued at $92,000 after buying an additional 150 shares during the period.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of EQWL opened at $102.09 on Monday. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 20.63 and a beta of 0.96. The company’s 50 day simple moving average is $100.48 and its 200 day simple moving average is $103.48. Invesco S&P 100 Equal Weight ETF has a 1 year low of $89.16 and a 1 year high of $108.44.

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.