Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) Shares Acquired by Davis Investment Partners LLC

Davis Investment Partners LLC raised its holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 37,733 shares of the company’s stock after acquiring an additional 802 shares during the period. Invesco Russell 1000 Equal Weight ETF makes up approximately 0.8% of Davis Investment Partners LLC’s investment portfolio, making the stock its 23rd largest position. Davis Investment Partners LLC owned about 0.29% of Invesco Russell 1000 Equal Weight ETF worth $1,809,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EQAL. Orion Portfolio Solutions LLC purchased a new position in shares of Invesco Russell 1000 Equal Weight ETF during the 3rd quarter worth $477,000. FMR LLC raised its stake in Invesco Russell 1000 Equal Weight ETF by 25.1% during the third quarter. FMR LLC now owns 2,266 shares of the company’s stock worth $110,000 after purchasing an additional 454 shares during the period. Thrivent Financial for Lutherans boosted its holdings in Invesco Russell 1000 Equal Weight ETF by 8.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 18,804 shares of the company’s stock valued at $915,000 after purchasing an additional 1,498 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Invesco Russell 1000 Equal Weight ETF by 12.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 15,189 shares of the company’s stock valued at $739,000 after buying an additional 1,720 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the 3rd quarter worth approximately $386,000.

Invesco Russell 1000 Equal Weight ETF Price Performance

EQAL traded up $0.41 during trading hours on Monday, reaching $48.35. The company’s stock had a trading volume of 50,005 shares, compared to its average volume of 30,164. Invesco Russell 1000 Equal Weight ETF has a fifty-two week low of $42.28 and a fifty-two week high of $52.18. The stock has a market cap of $638.22 million, a PE ratio of 16.01 and a beta of 0.95. The business’s 50-day moving average is $49.91 and its 200-day moving average is $48.02.

Invesco Russell 1000 Equal Weight ETF Company 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.