PCG Wealth Advisors LLC Increases Holdings in Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL)

PCG Wealth Advisors LLC increased its stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) by 7.0% during the first quarter, HoldingsChannel.com reports. The firm owned 41,192 shares of the company’s stock after buying an additional 2,685 shares during the period. Invesco S&P 100 Equal Weight ETF accounts for 1.5% of PCG Wealth Advisors LLC’s portfolio, making the stock its 14th largest position. PCG Wealth Advisors LLC’s holdings in Invesco S&P 100 Equal Weight ETF were worth $4,246,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Blair William & Co. IL bought a new position in shares of Invesco S&P 100 Equal Weight ETF in the fourth quarter valued at approximately $41,000. JPMorgan Chase & Co. lifted its stake in Invesco S&P 100 Equal Weight ETF by 10.2% in the 4th quarter. JPMorgan Chase & Co. now owns 5,494 shares of the company’s stock worth $562,000 after purchasing an additional 509 shares in the last quarter. Jane Street Group LLC boosted its holdings in Invesco S&P 100 Equal Weight ETF by 68.5% in the 4th quarter. Jane Street Group LLC now owns 7,129 shares of the company’s stock valued at $729,000 after purchasing an additional 2,899 shares during the period. Graney & King LLC purchased a new position in shares of Invesco S&P 100 Equal Weight ETF during the 4th quarter valued at $143,000. Finally, Cetera Investment Advisers grew its position in shares of Invesco S&P 100 Equal Weight ETF by 13.2% during the 4th quarter. Cetera Investment Advisers now owns 460,247 shares of the company’s stock valued at $47,074,000 after purchasing an additional 53,496 shares in the last quarter.

Invesco S&P 100 Equal Weight ETF Stock Performance

Shares of EQWL stock opened at $110.75 on Friday. The company has a market capitalization of $1.53 billion, a PE ratio of 20.16 and a beta of 0.98. Invesco S&P 100 Equal Weight ETF has a 52-week low of $89.16 and a 52-week high of $111.99. The business’s fifty day moving average is $107.84 and its 200 day moving average is $104.55.

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.