UP Strategic Wealth Investment Advisors LLC Sells 394 Shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

UP Strategic Wealth Investment Advisors LLC decreased its position in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 2.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,569 shares of the company’s stock after selling 394 shares during the period. Invesco Russell 1000 Equal Weight ETF comprises approximately 1.1% of UP Strategic Wealth Investment Advisors LLC’s holdings, making the stock its 20th largest holding. UP Strategic Wealth Investment Advisors LLC owned 0.13% of Invesco Russell 1000 Equal Weight ETF worth $740,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EQAL. Avantax Advisory Services Inc. acquired a new position in Invesco Russell 1000 Equal Weight ETF during the 1st quarter valued at about $844,000. Capital Advisors Ltd. LLC lifted its position in Invesco Russell 1000 Equal Weight ETF by 0.9% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 47,295 shares of the company’s stock worth $2,112,000 after buying an additional 425 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the 1st quarter worth approximately $203,000. Brown Brothers Harriman & Co. acquired a new stake in Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at $110,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of Invesco Russell 1000 Equal Weight ETF by 41.9% in the first quarter. Janney Montgomery Scott LLC now owns 13,083 shares of the company’s stock valued at $604,000 after buying an additional 3,863 shares during the last quarter.

Invesco Russell 1000 Equal Weight ETF Trading Down 0.0 %

Invesco Russell 1000 Equal Weight ETF stock opened at $47.88 on Thursday. The company has a market capitalization of $632.01 million, a price-to-earnings ratio of 16.01 and a beta of 0.95. Invesco Russell 1000 Equal Weight ETF has a 12 month low of $37.35 and a 12 month high of $48.23. The stock’s 50 day moving average is $46.41 and its 200-day moving average is $45.44.

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.