30,770 Shares in Invesco Russell 1000 Equal Weight ETF $EQAL Bought by Carroll Advisory Group LLC

Carroll Advisory Group LLC bought a new position in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 30,770 shares of the company’s stock, valued at approximately $1,620,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cerity Partners LLC boosted its stake in Invesco Russell 1000 Equal Weight ETF by 1.5% in the 2nd quarter. Cerity Partners LLC now owns 23,940 shares of the company’s stock worth $1,179,000 after purchasing an additional 355 shares during the period. SFE Investment Counsel boosted its stake in Invesco Russell 1000 Equal Weight ETF by 1.4% in the 4th quarter. SFE Investment Counsel now owns 26,785 shares of the company’s stock worth $1,410,000 after purchasing an additional 376 shares during the period. Royal Bank of Canada boosted its stake in Invesco Russell 1000 Equal Weight ETF by 7.7% in the 1st quarter. Royal Bank of Canada now owns 6,764 shares of the company’s stock worth $320,000 after purchasing an additional 484 shares during the period. Jones Financial Companies Lllp boosted its stake in 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 during the period. Finally, Strategic Wealth Advisors LLC acquired a new position in Invesco Russell 1000 Equal Weight ETF in the 4th quarter worth $45,000.

Invesco Russell 1000 Equal Weight ETF Trading Up 0.9%

Shares of NYSEARCA EQAL opened at $58.44 on Friday. The firm has a market cap of $800.63 million, a PE ratio of 18.07 and a beta of 0.91. Invesco Russell 1000 Equal Weight ETF has a 1-year low of $46.78 and a 1-year high of $58.97. The company has a fifty day moving average price of $56.66 and a 200 day moving average price of $54.97.

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.