Goodman Advisory Group LLC bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 752 shares of the company’s stock, valued at approximately $34,000.
A number of other hedge funds have also recently modified their holdings of EQAL. Brown Brothers Harriman & Co. bought a new stake in Invesco Russell 1000 Equal Weight ETF during the 4th quarter valued at about $110,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the first quarter valued at approximately $203,000. Total Clarity Wealth Management Inc. purchased a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the second quarter valued at approximately $403,000. Rothschild Investment LLC bought a new position in Invesco Russell 1000 Equal Weight ETF in the second quarter worth approximately $511,000. Finally, Janney Montgomery Scott LLC increased its holdings in Invesco Russell 1000 Equal Weight ETF by 41.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 13,083 shares of the company’s stock worth $604,000 after purchasing an additional 3,863 shares during the period.
Invesco Russell 1000 Equal Weight ETF Price Performance
NYSEARCA:EQAL opened at $48.66 on Friday. The firm has a market cap of $642.31 million, a PE ratio of 16.01 and a beta of 0.95. The company has a 50-day moving average of $46.67 and a 200 day moving average of $45.58. Invesco Russell 1000 Equal Weight ETF has a 1-year low of $37.35 and a 1-year high of $48.90.
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.
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