Fort Point Capital Partners LLC Decreases Holdings in Invesco Russell 1000 Equal Weight ETF $EQAL

Fort Point Capital Partners LLC decreased its holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 88.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,407 shares of the company’s stock after selling 215,508 shares during the period. Fort Point Capital Partners LLC owned 0.22% of Invesco Russell 1000 Equal Weight ETF worth $1,566,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Strategic Wealth Advisors LLC purchased a new position in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter worth about $45,000. Lodestone Wealth Management LLC purchased a new position in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter worth about $81,000. Jones Financial Companies Lllp increased its stake in shares of Invesco Russell 1000 Equal Weight ETF by 15.1% in the third 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. Harbour Investments Inc. increased its stake in shares of Invesco Russell 1000 Equal Weight ETF by 30.2% in the fourth quarter. Harbour Investments Inc. now owns 3,956 shares of the company’s stock worth $208,000 after purchasing an additional 917 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new position in shares of Invesco Russell 1000 Equal Weight ETF in the second quarter worth about $203,000.

Invesco Russell 1000 Equal Weight ETF Stock Up 0.8%

EQAL opened at $59.47 on Friday. The company has a market capitalization of $814.74 million, a price-to-earnings ratio of 18.07 and a beta of 0.90. The firm has a 50-day moving average price of $57.81 and a 200-day moving average price of $55.77. Invesco Russell 1000 Equal Weight ETF has a twelve month low of $47.85 and a twelve month high of $59.60.

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.