26,404 Shares in Invesco Russell 1000 Equal Weight ETF $EQAL Bought by SFE Investment Counsel

SFE Investment Counsel purchased a new stake in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 26,404 shares of the company’s stock, valued at approximately $1,512,000. SFE Investment Counsel owned 0.19% of Invesco Russell 1000 Equal Weight ETF at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the first quarter worth $1,856,000. Geneos Wealth Management Inc. boosted its position in shares of Invesco Russell 1000 Equal Weight ETF by 24.9% in the first quarter. Geneos Wealth Management Inc. now owns 104,087 shares of the company’s stock valued at $5,735,000 after acquiring an additional 20,722 shares during the period. Empowered Funds LLC boosted its position in shares of Invesco Russell 1000 Equal Weight ETF by 309.8% in the first quarter. Empowered Funds LLC now owns 50,514 shares of the company’s stock valued at $2,783,000 after acquiring an additional 38,189 shares during the period. Ulrich Consultants & Investment Group LLC bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the third quarter valued at about $756,000. Finally, Bank of America Corp DE grew its stake in shares of Invesco Russell 1000 Equal Weight ETF by 53.9% in the first quarter. Bank of America Corp DE now owns 398,926 shares of the company’s stock valued at $21,981,000 after acquiring an additional 139,631 shares in the last quarter.

Invesco Russell 1000 Equal Weight ETF Stock Performance

EQAL stock opened at $59.17 on Friday. The company’s 50-day simple moving average is $59.30 and its 200 day simple moving average is $58.05. Invesco Russell 1000 Equal Weight ETF has a 52 week low of $49.86 and a 52 week high of $62.03. The company has a market capitalization of $821.28 million, a PE ratio of 18.07 and a beta of 0.91.

Invesco Russell 1000 Equal Weight ETF 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.