Janney Montgomery Scott LLC Buys 1,585 Shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

Janney Montgomery Scott LLC grew its holdings in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 10.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,774 shares of the company’s stock after acquiring an additional 1,585 shares during the period. Janney Montgomery Scott LLC owned 0.13% of Invesco Russell 1000 Equal Weight ETF worth $810,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. FMR LLC grew its position in Invesco Russell 1000 Equal Weight ETF by 25.1% in the 3rd quarter. FMR LLC now owns 2,266 shares of the company’s stock worth $110,000 after purchasing an additional 454 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the 3rd quarter valued at $386,000. Davis Investment Partners LLC boosted its position in shares of Invesco Russell 1000 Equal Weight ETF by 2.2% in the fourth quarter. Davis Investment Partners LLC now owns 37,733 shares of the company’s stock valued at $1,809,000 after acquiring an additional 802 shares during the period. San Luis Wealth Advisors LLC increased its stake in Invesco Russell 1000 Equal Weight ETF by 6.9% in the 3rd quarter. San Luis Wealth Advisors LLC now owns 133,321 shares of the company’s stock worth $6,486,000 after acquiring an additional 8,603 shares during the last quarter. Finally, Creative Planning purchased a new position in Invesco Russell 1000 Equal Weight ETF in the second quarter worth $512,000.

Invesco Russell 1000 Equal Weight ETF Stock Down 0.1 %

Shares of NYSEARCA:EQAL opened at $50.12 on Friday. The stock has a market cap of $661.58 million, a PE ratio of 16.01 and a beta of 0.95. Invesco Russell 1000 Equal Weight ETF has a 52 week low of $42.69 and a 52 week high of $52.18. The company’s fifty day moving average is $49.71 and its 200 day moving average is $48.59.

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.