Strategic Financial Concepts LLC cut its holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Free Report) by 3.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,276 shares of the company’s stock after selling 604 shares during the quarter. Strategic Financial Concepts LLC’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $816,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of EQAL. Bank of America Corp DE lifted its stake in shares of Invesco Russell 1000 Equal Weight ETF by 3.6% in the 4th quarter. Bank of America Corp DE now owns 626,197 shares of the company’s stock valued at $30,245,000 after purchasing an additional 21,906 shares during the period. LPL Financial LLC increased its holdings in Invesco Russell 1000 Equal Weight ETF by 2.6% in the fourth quarter. LPL Financial LLC now owns 220,467 shares of the company’s stock valued at $10,649,000 after purchasing an additional 5,571 shares during the last quarter. Sykon Capital LLC acquired a new position in Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at about $5,451,000. Wick Capital Partners LLC boosted its holdings in Invesco Russell 1000 Equal Weight ETF by 3.2% during the fourth quarter. Wick Capital Partners LLC now owns 83,518 shares of the company’s stock worth $4,034,000 after buying an additional 2,581 shares during the last quarter. Finally, Capital Advisors Ltd. LLC boosted its holdings in Invesco Russell 1000 Equal Weight ETF by 3.5% during the first quarter. Capital Advisors Ltd. LLC now owns 43,417 shares of the company’s stock worth $2,052,000 after buying an additional 1,460 shares during the last quarter.
Invesco Russell 1000 Equal Weight ETF Price Performance
Shares of EQAL stock opened at $50.04 on Thursday. The stock has a market cap of $659.53 million, a PE ratio of 18.07 and a beta of 1.00. The stock has a 50-day moving average of $47.82 and a 200-day moving average of $47.91. Invesco Russell 1000 Equal Weight ETF has a one year low of $40.85 and a one year high of $52.18.
About Invesco Russell 1000 Equal Weight ETF
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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