Wealth Enhancement Advisory Services LLC Acquires Shares of 7,926 Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

Wealth Enhancement Advisory Services LLC bought a new stake in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 7,926 shares of the company’s stock, valued at approximately $386,000. Wealth Enhancement Advisory Services LLC owned 0.06% of Invesco Russell 1000 Equal Weight ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Goodman Advisory Group LLC acquired a new stake in Invesco Russell 1000 Equal Weight ETF in the second quarter worth about $34,000. Fiduciary Financial Group LLC acquired a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the 3rd quarter worth approximately $202,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco Russell 1000 Equal Weight ETF by 31.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,800 shares of the company’s stock worth $348,000 after buying an additional 1,876 shares during the period. Total Clarity Wealth Management Inc. acquired a new position in Invesco Russell 1000 Equal Weight ETF in the second quarter valued at approximately $403,000. Finally, Rothschild Investment LLC bought a new position in Invesco Russell 1000 Equal Weight ETF in the second quarter valued at approximately $511,000.

Invesco Russell 1000 Equal Weight ETF Stock Performance

EQAL opened at $50.53 on Friday. The company has a fifty day moving average price of $48.35 and a two-hundred day moving average price of $46.45. The firm has a market capitalization of $667.02 million, a PE ratio of 16.01 and a beta of 0.95. Invesco Russell 1000 Equal Weight ETF has a 52 week low of $38.51 and a 52 week high of $50.56.

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.