Wick Capital Partners LLC cut its stake in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Free Report) by 65.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 28,339 shares of the company’s stock after selling 54,154 shares during the quarter. Wick Capital Partners LLC’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $1,492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of EQAL. Sykon Capital LLC purchased a new position in shares of Invesco Russell 1000 Equal Weight ETF during the third quarter worth about $13,402,000. Geneos Wealth Management Inc. lifted its holdings in shares of Invesco Russell 1000 Equal Weight ETF by 4.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 83,365 shares of the company’s stock valued at $4,388,000 after purchasing an additional 3,881 shares during the last quarter. UBS Group AG boosted its position in shares of Invesco Russell 1000 Equal Weight ETF by 38.4% in the 4th quarter. UBS Group AG now owns 77,545 shares of the company’s stock valued at $4,082,000 after purchasing an additional 21,498 shares during the period. Arkadios Wealth Advisors boosted its position in shares of Invesco Russell 1000 Equal Weight ETF by 8.4% in the 4th quarter. Arkadios Wealth Advisors now owns 50,865 shares of the company’s stock valued at $2,678,000 after purchasing an additional 3,923 shares during the period. Finally, Friedenthal Financial grew its stake in Invesco Russell 1000 Equal Weight ETF by 9.1% during the 4th quarter. Friedenthal Financial now owns 50,093 shares of the company’s stock worth $2,637,000 after buying an additional 4,194 shares during the last quarter.
Invesco Russell 1000 Equal Weight ETF Trading Up 0.3%
Shares of EQAL opened at $58.50 on Friday. The company’s 50 day simple moving average is $58.06 and its 200-day simple moving average is $55.98. The firm has a market cap of $801.45 million, a PE ratio of 18.07 and a beta of 0.90. Invesco Russell 1000 Equal Weight ETF has a 12-month low of $47.85 and a 12-month high of $59.98.
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.
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Want to see what other hedge funds are holding EQAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Free Report).
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