Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $47.81 and last traded at $47.79, with a volume of 15145 shares traded. The stock had previously closed at $47.47.
Invesco Russell 1000 Equal Weight ETF Stock Performance
The company’s 50 day moving average price is $46.41 and its 200-day moving average price is $45.44. The company has a market cap of $632.01 million, a PE ratio of 16.01 and a beta of 0.95.
Institutional Trading of Invesco Russell 1000 Equal Weight ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of EQAL. Goodman Advisory Group LLC purchased a new position in shares of Invesco Russell 1000 Equal Weight ETF during the 2nd quarter valued at about $34,000. Brown Brothers Harriman & Co. purchased a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the 4th quarter worth approximately $110,000. Wealthcare Advisory Partners LLC purchased a new position in Invesco Russell 1000 Equal Weight ETF during the first quarter valued at $203,000. Dodds Wealth LLC bought a new stake in Invesco Russell 1000 Equal Weight ETF in the fourth quarter worth $225,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco Russell 1000 Equal Weight ETF by 31.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,800 shares of the company’s stock valued at $348,000 after acquiring an additional 1,876 shares in the last quarter.
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.
See Also
- Five stocks we like better than Invesco Russell 1000 Equal Weight ETF
- About the Markup Calculator
- How Much Can You Make in Stocks in One Month?
- Best Aerospace Stocks Investing
- This Is the Top Large-Cap Stock Insiders Are Buying
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside
Receive News & Ratings for Invesco Russell 1000 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Russell 1000 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.