Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) Stake Lessened by Private Advisor Group LLC

Private Advisor Group LLC cut its stake in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 5.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,067 shares of the company’s stock after selling 8,678 shares during the period. Private Advisor Group LLC’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $5,944,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wintrust Investments LLC boosted its holdings in Invesco Russell 1000 Equal Weight ETF by 1.5% during the second quarter. Wintrust Investments LLC now owns 17,400 shares of the company’s stock worth $728,000 after buying an additional 250 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Invesco Russell 1000 Equal Weight ETF by 8.0% during the second quarter. Geneos Wealth Management Inc. now owns 29,754 shares of the company’s stock worth $1,245,000 after buying an additional 2,200 shares in the last quarter. Atria Wealth Solutions Inc. boosted its holdings in Invesco Russell 1000 Equal Weight ETF by 21.1% during the second quarter. Atria Wealth Solutions Inc. now owns 33,771 shares of the company’s stock worth $1,413,000 after buying an additional 5,890 shares in the last quarter. Bank of Montreal Can bought a new stake in Invesco Russell 1000 Equal Weight ETF during the second quarter worth approximately $27,000. Finally, Bartlett & Co. LLC bought a new stake in Invesco Russell 1000 Equal Weight ETF during the second quarter worth approximately $42,000.

Invesco Russell 1000 Equal Weight ETF Stock Performance

Shares of NYSEARCA:EQAL opened at $40.41 on Friday. The company has a market cap of $624.33 million, a PE ratio of 16.57 and a beta of 1.11. Invesco Russell 1000 Equal Weight ETF has a 52 week low of $37.35 and a 52 week high of $45.04. The firm has a 50 day simple moving average of $39.56 and a 200 day simple moving average of $40.79.

Invesco Russell 1000 Equal Weight ETF 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.