Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Get Free Report) shares saw an uptick in trading volume on Monday . 95,836 shares traded hands during trading, an increase of 247% from the previous session’s volume of 27,651 shares.The stock last traded at $47.82 and had previously closed at $47.22.
Invesco Russell 1000 Equal Weight ETF Price Performance
The firm’s 50-day simple moving average is $49.19 and its 200 day simple moving average is $49.15. The firm has a market capitalization of $611.35 million, a price-to-earnings ratio of 18.50 and a beta of 1.12.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of EQAL. Jones Financial Companies Lllp increased its holdings in shares of Invesco Russell 1000 Equal Weight ETF by 249.0% during the fourth quarter. Jones Financial Companies Lllp now owns 1,176 shares of the company’s stock worth $57,000 after buying an additional 839 shares in the last quarter. FMR LLC grew its stake in shares of Invesco Russell 1000 Equal Weight ETF by 25.1% in 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 last quarter. Bernard Wealth Management Corp. bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter worth $143,000. Tower Research Capital LLC TRC grew its stake in shares of Invesco Russell 1000 Equal Weight ETF by 31.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,061 shares of the company’s stock worth $196,000 after purchasing an additional 978 shares during the last quarter. Finally, Runnymede Capital Advisors Inc. bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter worth $212,000.
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.
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