Capital Advisors Ltd. LLC Lowers Holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

Capital Advisors Ltd. LLC lowered its holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,957 shares of the company’s stock after selling 596 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $2,027,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of EQAL. FMR LLC boosted 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 buying an additional 454 shares during the period. Davis Investment Partners LLC lifted its holdings in shares of Invesco Russell 1000 Equal Weight ETF by 2.2% in the 4th quarter. Davis Investment Partners LLC now owns 37,733 shares of the company’s stock worth $1,809,000 after acquiring an additional 802 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Invesco Russell 1000 Equal Weight ETF by 8.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 18,804 shares of the company’s stock worth $915,000 after purchasing an additional 1,498 shares during the period. Janney Montgomery Scott LLC increased its holdings in Invesco Russell 1000 Equal Weight ETF by 10.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,774 shares of the company’s stock valued at $810,000 after purchasing an additional 1,585 shares during the last quarter. Finally, Valeo Financial Advisors LLC purchased a new stake in Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at approximately $243,000.

Invesco Russell 1000 Equal Weight ETF Stock Down 1.6 %

NYSEARCA:EQAL opened at $49.44 on Monday. Invesco Russell 1000 Equal Weight ETF has a 52 week low of $43.26 and a 52 week high of $52.18. The stock’s fifty day moving average is $49.41 and its two-hundred day moving average is $48.94. The stock has a market capitalization of $652.61 million, a price-to-earnings 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.