HighTower Advisors LLC Purchases 306 Shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

HighTower Advisors LLC increased its holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 5.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,579 shares of the company’s stock after acquiring an additional 306 shares during the period. HighTower Advisors LLC’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $269,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EQAL. FMR LLC lifted its stake in Invesco Russell 1000 Equal Weight ETF by 25.1% in the third quarter. FMR LLC now owns 2,266 shares of the company’s stock valued at $110,000 after purchasing an additional 454 shares during the last quarter. Orion Portfolio Solutions LLC bought a new position in shares of Invesco Russell 1000 Equal Weight ETF during the 3rd quarter worth $477,000. Davis Investment Partners LLC increased its holdings in Invesco Russell 1000 Equal Weight ETF by 2.2% in the 4th quarter. Davis Investment Partners LLC now owns 37,733 shares of the company’s stock worth $1,809,000 after acquiring an additional 802 shares during the last quarter. Miracle Mile Advisors LLC bought a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at approximately $4,143,000. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Invesco Russell 1000 Equal Weight ETF by 10.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,774 shares of the company’s stock valued at $810,000 after buying an additional 1,585 shares in the last quarter.

Invesco Russell 1000 Equal Weight ETF Trading Up 1.1 %

Invesco Russell 1000 Equal Weight ETF stock opened at $47.90 on Thursday. The firm has a 50 day simple moving average of $48.86 and a 200 day simple moving average of $49.21. Invesco Russell 1000 Equal Weight ETF has a 1-year low of $43.26 and a 1-year high of $52.18. The firm has a market capitalization of $614.56 million, a price-to-earnings ratio of 18.50 and a beta of 1.12.

Invesco Russell 1000 Equal Weight ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.2251 per share. This is a boost from Invesco Russell 1000 Equal Weight ETF’s previous dividend of $0.17. The ex-dividend date was Monday, March 24th.

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.