Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $58.00 and last traded at $56.8110, with a volume of 334 shares traded. The stock had previously closed at $56.59.
Invesco Russell 1000 Equal Weight ETF Stock Up 0.9%
The company has a market cap of $744.84 million, a P/E ratio of 18.07 and a beta of 1.00. The firm’s 50-day moving average price is $54.43 and its 200-day moving average price is $52.63.
Institutional Trading of Invesco Russell 1000 Equal Weight ETF
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Strategic Wealth Advisors LLC bought a new position in Invesco Russell 1000 Equal Weight ETF in the 4th quarter worth about $45,000. Lodestone Wealth Management LLC bought a new position in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at approximately $81,000. Harbour Investments Inc. grew its stake in Invesco Russell 1000 Equal Weight ETF by 9.9% during the second quarter. Harbour Investments Inc. now owns 3,151 shares of the company’s stock valued at $155,000 after acquiring an additional 285 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in Invesco Russell 1000 Equal Weight ETF by 15.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 3,818 shares of the company’s stock worth $198,000 after acquiring an additional 501 shares during the period. Finally, Fiduciary Financial Group LLC bought a new stake in Invesco Russell 1000 Equal Weight ETF during the 3rd quarter worth approximately $203,000.
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.
See Also
- Five stocks we like better than Invesco Russell 1000 Equal Weight ETF
- Energy Security Is Now National Security – Positioning Is Happening Now
- Gilder: Don’t Buy AI Stocks, Do This Instead
- 3 Signs You May Want to Switch Financial Advisors
- ATCX is Sitting on One of Brazil’s Largest Critical Minerals Portfolios!
- Why Q4 Could Destroy Your Wealth
Receive News & Ratings for Invesco Russell 1000 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Russell 1000 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
