Thrivent Financial for Lutherans Purchases Shares of 42,155 Invesco Russell 1000 Equal Weight ETF $EQAL

Thrivent Financial for Lutherans purchased a new position in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 42,155 shares of the company’s stock, valued at approximately $2,192,000. Thrivent Financial for Lutherans owned approximately 0.32% of Invesco Russell 1000 Equal Weight ETF at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Flow Traders U.S. LLC acquired a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the second quarter valued at about $969,000. Geneos Wealth Management Inc. grew its stake in Invesco Russell 1000 Equal Weight ETF by 16.0% in the second quarter. Geneos Wealth Management Inc. now owns 71,363 shares of the company’s stock valued at $3,514,000 after purchasing an additional 9,823 shares in the last quarter. HBK Sorce Advisory LLC bought a new position in Invesco Russell 1000 Equal Weight ETF in the third quarter valued at approximately $873,000. Creative Planning increased its position in shares of Invesco Russell 1000 Equal Weight ETF by 9.3% during the 2nd quarter. Creative Planning now owns 17,614 shares of the company’s stock worth $867,000 after purchasing an additional 1,506 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Invesco Russell 1000 Equal Weight ETF by 12.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 41,516 shares of the company’s stock worth $2,044,000 after purchasing an additional 4,510 shares in the last quarter.

Invesco Russell 1000 Equal Weight ETF Trading Up 0.4%

NYSEARCA EQAL opened at $56.85 on Wednesday. The company has a market cap of $741.89 million, a PE ratio of 18.07 and a beta of 1.00. Invesco Russell 1000 Equal Weight ETF has a 12 month low of $40.85 and a 12 month high of $56.99. The stock has a 50 day moving average of $54.04 and a 200-day moving average of $52.40.

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.