Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as $58.06 and last traded at $58.06, with a volume of 3111 shares changing hands. The stock had previously closed at $57.80.
Invesco Russell 1000 Equal Weight ETF Stock Performance
The business’s 50 day simple moving average is $56.22 and its 200-day simple moving average is $54.08. The stock has a market capitalization of $799.81 million, a price-to-earnings ratio of 18.07 and a beta of 0.94.
Institutional Trading of Invesco Russell 1000 Equal Weight ETF
Institutional investors have recently made changes to their positions in the stock. Strategic Wealth Advisors LLC bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the 4th quarter worth approximately $45,000. Lodestone Wealth Management LLC bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the 4th quarter worth approximately $81,000. Jones Financial Companies Lllp raised its holdings in shares of Invesco Russell 1000 Equal Weight ETF by 15.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,818 shares of the company’s stock worth $198,000 after purchasing an additional 501 shares in the last quarter. Fiduciary Financial Group LLC bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the 3rd quarter worth approximately $203,000. Finally, Captrust Financial Advisors bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the 2nd 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.
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