Wick Capital Partners LLC lowered its stake in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Free Report) by 90.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 7,872 shares of the company’s stock after selling 73,065 shares during the period. Wick Capital Partners LLC’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $380,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the stock. Davis Investment Partners LLC lifted its holdings in shares of Invesco Russell 1000 Equal Weight ETF by 2.2% during the fourth quarter. Davis Investment Partners LLC now owns 37,733 shares of the company’s stock worth $1,809,000 after buying an additional 802 shares in the last quarter. Miracle Mile Advisors LLC bought a new position in Invesco Russell 1000 Equal Weight ETF during the fourth quarter worth about $4,143,000. Janney Montgomery Scott LLC raised its stake 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 worth $810,000 after purchasing an additional 1,585 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in Invesco Russell 1000 Equal Weight ETF in the 4th quarter valued at about $5,398,000. Finally, Shade Tree Advisors LLC acquired a new position in shares of Invesco Russell 1000 Equal Weight ETF during the 4th quarter worth approximately $993,000.
Invesco Russell 1000 Equal Weight ETF Trading Up 0.5 %
Shares of EQAL opened at $45.98 on Wednesday. Invesco Russell 1000 Equal Weight ETF has a 12 month low of $40.85 and a 12 month high of $52.18. The firm’s 50 day moving average is $46.35 and its 200-day moving average is $48.58. The stock has a market capitalization of $594.52 million, a PE ratio of 17.50 and a beta of 1.06.
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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