9,801 Shares in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) Acquired by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC acquired a new position in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 9,801 shares of the company’s stock, valued at approximately $477,000. Orion Portfolio Solutions LLC owned approximately 0.07% of Invesco Russell 1000 Equal Weight ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in EQAL. Geneos Wealth Management Inc. lifted its position in Invesco Russell 1000 Equal Weight ETF by 26.8% in the second quarter. Geneos Wealth Management Inc. now owns 54,468 shares of the company’s stock worth $2,432,000 after purchasing an additional 11,524 shares during the period. Capital Advisors Ltd. LLC lifted its position in Invesco Russell 1000 Equal Weight ETF by 0.9% in the second quarter. Capital Advisors Ltd. LLC now owns 47,295 shares of the company’s stock worth $2,112,000 after purchasing an additional 425 shares during the period. Rothschild Investment LLC acquired a new stake in Invesco Russell 1000 Equal Weight ETF in the second quarter worth approximately $511,000. Confluence Wealth Services Inc. lifted its position in Invesco Russell 1000 Equal Weight ETF by 288.0% in the second quarter. Confluence Wealth Services Inc. now owns 19,429 shares of the company’s stock worth $867,000 after purchasing an additional 14,422 shares during the period. Finally, SFE Investment Counsel lifted its position in Invesco Russell 1000 Equal Weight ETF by 0.8% in the second quarter. SFE Investment Counsel now owns 34,766 shares of the company’s stock worth $1,552,000 after purchasing an additional 274 shares during the period.

Invesco Russell 1000 Equal Weight ETF Price Performance

EQAL opened at $49.82 on Wednesday. The company has a market capitalization of $657.62 million, a price-to-earnings ratio of 16.01 and a beta of 0.95. Invesco Russell 1000 Equal Weight ETF has a 1-year low of $42.28 and a 1-year high of $52.18. The business has a 50 day moving average price of $50.05 and a two-hundred day moving average price of $47.55.

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.