Geneos Wealth Management Inc. increased its holdings in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Free Report) by 24.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 104,087 shares of the company’s stock after buying an additional 20,722 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $5,735,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in EQAL. Bingham Private Wealth LLC acquired a new position in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter worth $2,380,000. UBS Group AG raised its stake in shares of Invesco Russell 1000 Equal Weight ETF by 38.4% in the fourth quarter. UBS Group AG now owns 77,545 shares of the company’s stock valued at $4,082,000 after acquiring an additional 21,498 shares in the last quarter. Clark Asset Management LLC purchased a new position in Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at $1,273,000. Carroll Advisory Group LLC acquired a new position in Invesco Russell 1000 Equal Weight ETF during the 4th quarter worth $1,620,000. Finally, Diversified Management Inc. acquired a new position in Invesco Russell 1000 Equal Weight ETF during the 4th quarter worth $984,000.
Invesco Russell 1000 Equal Weight ETF Price Performance
EQAL stock opened at $59.38 on Friday. The firm has a market capitalization of $813.51 million, a P/E ratio of 18.07 and a beta of 0.90. The business’s 50-day moving average is $58.60 and its two-hundred day moving average is $56.84. Invesco Russell 1000 Equal Weight ETF has a 1 year low of $48.86 and a 1 year high of $59.98.
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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