Thrivent Financial for Lutherans Buys Shares of 145,395 Invesco S&P 100 Equal Weight ETF $EQWL

Thrivent Financial for Lutherans purchased a new stake in shares of Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) in the second quarter, HoldingsChannel reports. The institutional investor purchased 145,395 shares of the company’s stock, valued at approximately $15,989,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Comerica Bank lifted its stake in shares of Invesco S&P 100 Equal Weight ETF by 1.0% in the 1st quarter. Comerica Bank now owns 11,356 shares of the company’s stock worth $1,171,000 after purchasing an additional 109 shares during the period. PNC Financial Services Group Inc. increased its holdings in Invesco S&P 100 Equal Weight ETF by 49.8% during the first quarter. PNC Financial Services Group Inc. now owns 379 shares of the company’s stock valued at $39,000 after buying an additional 126 shares during the last quarter. Spire Wealth Management raised its position in Invesco S&P 100 Equal Weight ETF by 23.3% in the second quarter. Spire Wealth Management now owns 705 shares of the company’s stock worth $78,000 after acquiring an additional 133 shares during the period. Nova Wealth Management Inc. raised its position in Invesco S&P 100 Equal Weight ETF by 192.3% in the first quarter. Nova Wealth Management Inc. now owns 266 shares of the company’s stock worth $27,000 after acquiring an additional 175 shares during the period. Finally, Silver Oak Securities Incorporated boosted its stake in shares of Invesco S&P 100 Equal Weight ETF by 4.5% during the 2nd quarter. Silver Oak Securities Incorporated now owns 4,396 shares of the company’s stock worth $483,000 after acquiring an additional 190 shares during the last quarter.

Invesco S&P 100 Equal Weight ETF Price Performance

Shares of EQWL stock opened at $118.24 on Wednesday. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 20.16 and a beta of 0.95. Invesco S&P 100 Equal Weight ETF has a 1 year low of $89.16 and a 1 year high of $119.55. The firm has a fifty day moving average price of $116.22 and a 200-day moving average price of $112.99.

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.