Davis Investment Partners LLC Sells 2,499 Shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

Davis Investment Partners LLC decreased its holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQALFree Report) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,827 shares of the company’s stock after selling 2,499 shares during the quarter. Invesco Russell 1000 Equal Weight ETF accounts for about 0.9% of Davis Investment Partners LLC’s investment portfolio, making the stock its 19th largest position. Davis Investment Partners LLC’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $1,764,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in EQAL. Bank of Montreal Can bought a new stake in Invesco Russell 1000 Equal Weight ETF in the second quarter worth $27,000. Blair William & Co. IL purchased a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the first quarter valued at $61,000. Comerica Bank purchased a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the third quarter valued at $65,000. Aptus Capital Advisors LLC purchased a new stake in Invesco Russell 1000 Equal Weight ETF in the third quarter worth about $75,000. Finally, Harbour Investments Inc. lifted its stake in Invesco Russell 1000 Equal Weight ETF by 357.9% in the second quarter. Harbour Investments Inc. now owns 2,120 shares of the company’s stock worth $89,000 after acquiring an additional 1,657 shares during the period.

Invesco Russell 1000 Equal Weight ETF Stock Up 0.6 %

NYSEARCA:EQAL traded up $0.29 during mid-day trading on Thursday, reaching $45.61. The company’s stock had a trading volume of 32,288 shares, compared to its average volume of 31,457. Invesco Russell 1000 Equal Weight ETF has a 1 year low of $37.35 and a 1 year high of $45.71. The stock has a fifty day moving average of $43.90 and a 200-day moving average of $41.98. The firm has a market capitalization of $704.67 million, a PE ratio of 16.57 and a beta of 1.11.

Invesco Russell 1000 Equal Weight ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

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