Creative Planning Invests $512,000 in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

Creative Planning bought a new position in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,467 shares of the company’s stock, valued at approximately $512,000. Creative Planning owned about 0.09% of Invesco Russell 1000 Equal Weight ETF at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in EQAL. Goodman Advisory Group LLC purchased a new position in Invesco Russell 1000 Equal Weight ETF in the second quarter worth about $34,000. Wealthcare Advisory Partners LLC purchased a new position in Invesco Russell 1000 Equal Weight ETF in the first quarter worth about $203,000. Total Clarity Wealth Management Inc. purchased a new position in Invesco Russell 1000 Equal Weight ETF in the second quarter worth about $403,000. Rothschild Investment LLC purchased a new position in Invesco Russell 1000 Equal Weight ETF in the second quarter worth about $511,000. Finally, Janney Montgomery Scott LLC grew its position in Invesco Russell 1000 Equal Weight ETF by 41.9% in the first quarter. Janney Montgomery Scott LLC now owns 13,083 shares of the company’s stock worth $604,000 after acquiring an additional 3,863 shares in the last quarter.

Invesco Russell 1000 Equal Weight ETF Price Performance

Shares of NYSEARCA:EQAL opened at $49.24 on Tuesday. Invesco Russell 1000 Equal Weight ETF has a 1 year low of $37.35 and a 1 year high of $49.27. The business has a 50 day simple moving average of $47.29 and a two-hundred day simple moving average of $45.87. The firm has a market capitalization of $649.97 million, a PE ratio of 16.01 and a beta of 0.95.

Invesco Russell 1000 Equal Weight ETF Profile

The Invesco Russell 1000 Equal Weight ETF (EQAL) is an exchange-traded fund that is based on the Russell 1000 Equal Weight index. The fund tracks an index of the 1,000 largest US stocks. Each sector receives equal weight, and each stock within a sector receives equal weight. EQAL was launched on Dec 23, 2014 and is managed by Invesco.