Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) Short Interest Update

Invesco S&P 100 Equal Weight ETF (NYSEARCA:EQWL) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 47,533 shares, a drop of 38.7% from the November 30th total of 77,556 shares. Based on an average daily volume of 76,813 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 76,813 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Invesco S&P 100 Equal Weight ETF

A number of hedge funds have recently added to or reduced their stakes in EQWL. Cetera Investment Advisers grew its stake in shares of Invesco S&P 100 Equal Weight ETF by 5.9% during the 2nd quarter. Cetera Investment Advisers now owns 550,308 shares of the company’s stock valued at $60,517,000 after purchasing an additional 30,535 shares during the period. Ameriprise Financial Inc. grew its position in Invesco S&P 100 Equal Weight ETF by 7.0% during the third quarter. Ameriprise Financial Inc. now owns 475,654 shares of the company’s stock valued at $54,603,000 after buying an additional 31,244 shares during the period. RFP Financial Group LLC purchased a new stake in Invesco S&P 100 Equal Weight ETF during the second quarter valued at approximately $51,869,000. Altus Wealth Management LLC raised its position in Invesco S&P 100 Equal Weight ETF by 1.5% in the third quarter. Altus Wealth Management LLC now owns 299,901 shares of the company’s stock worth $34,393,000 after acquiring an additional 4,512 shares during the period. Finally, Bond & Devick Financial Network Inc. raised its position in Invesco S&P 100 Equal Weight ETF by 6.2% in the third quarter. Bond & Devick Financial Network Inc. now owns 299,325 shares of the company’s stock worth $34,327,000 after acquiring an additional 17,603 shares during the period.

Invesco S&P 100 Equal Weight ETF Trading Down 0.0%

NYSEARCA:EQWL traded down $0.01 on Friday, reaching $119.28. 55,836 shares of the stock traded hands, compared to its average volume of 80,082. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 20.16 and a beta of 0.95. Invesco S&P 100 Equal Weight ETF has a 12 month low of $89.16 and a 12 month high of $119.55. The company’s fifty day simple moving average is $116.89 and its 200 day simple moving average is $113.61.

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. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities.