Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 15,975 shares, a decrease of 72.9% from the September 30th total of 58,993 shares. Based on an average daily trading volume, of 29,249 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.
Invesco Russell 1000 Equal Weight ETF Trading Up 1.0%
Shares of Invesco Russell 1000 Equal Weight ETF stock traded up $0.60 on Thursday, reaching $59.64. The stock had a trading volume of 44,195 shares, compared to its average volume of 48,239. Invesco Russell 1000 Equal Weight ETF has a 1 year low of $49.86 and a 1 year high of $62.03. The company has a market cap of $826.01 million, a P/E ratio of 18.07 and a beta of 0.91. The business’s 50 day moving average is $59.34 and its two-hundred day moving average is $58.03.
Institutional Trading of Invesco Russell 1000 Equal Weight ETF
Several institutional investors and hedge funds have recently bought and sold shares of the company. Allworth Financial LP bought a new position in Invesco Russell 1000 Equal Weight ETF in the 2nd quarter valued at $166,000. Valeo Financial Advisors LLC purchased a new position in shares of Invesco Russell 1000 Equal Weight ETF during the 2nd quarter valued at $208,000. Ulrich Consultants & Investment Group LLC bought a new position in shares of Invesco Russell 1000 Equal Weight ETF in the third quarter worth $756,000. Diversified Management Inc. bought a new position in shares of Invesco Russell 1000 Equal Weight ETF in the third quarter worth $1,085,000. Finally, Breakwater Capital Group raised its position in shares of Invesco Russell 1000 Equal Weight ETF by 13.0% in the second quarter. Breakwater Capital Group now owns 18,538 shares of the company’s stock worth $1,098,000 after buying an additional 2,130 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.
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