Mission Wealth Management LP bought a new position in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Free Report) in the fourth quarter, Holdings Channel.com reports. The firm bought 7,940 shares of the company’s stock, valued at approximately $384,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its position in 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 purchasing an additional 839 shares during the period. Retirement Income Solutions Inc bought a new position in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at approximately $298,000. Strategic Financial Concepts LLC bought a new position in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at approximately $864,000. Valeo Financial Advisors LLC bought a new position in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at approximately $243,000. Finally, Shade Tree Advisors LLC bought a new position in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at approximately $993,000.
Invesco Russell 1000 Equal Weight ETF Trading Up 1.0 %
EQAL stock opened at $48.30 on Thursday. The firm has a 50 day moving average of $49.41 and a 200-day moving average of $49.12. Invesco Russell 1000 Equal Weight ETF has a 12 month low of $43.26 and a 12 month high of $52.18. The firm has a market capitalization of $620.66 million, a P/E ratio of 19.28 and a beta of 1.12.
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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Want to see what other hedge funds are holding EQAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Free Report).
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