SFE Investment Counsel Cuts Position in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

SFE Investment Counsel trimmed its position in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 5.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 34,944 shares of the company’s stock after selling 2,083 shares during the period. SFE Investment Counsel owned about 0.23% of Invesco Russell 1000 Equal Weight ETF worth $1,541,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Baird Financial Group Inc. increased its stake in Invesco Russell 1000 Equal Weight ETF by 5.0% in the first quarter. Baird Financial Group Inc. now owns 11,139 shares of the company’s stock valued at $518,000 after purchasing an additional 527 shares during the last quarter. UBS Group AG increased its stake in Invesco Russell 1000 Equal Weight ETF by 1.0% in the first quarter. UBS Group AG now owns 91,450 shares of the company’s stock valued at $4,252,000 after purchasing an additional 916 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new position in Invesco Russell 1000 Equal Weight ETF in the first quarter valued at approximately $596,000. Captrust Financial Advisors purchased a new position in Invesco Russell 1000 Equal Weight ETF in the first quarter valued at approximately $1,032,000. Finally, Geneos Wealth Management Inc. increased its stake in Invesco Russell 1000 Equal Weight ETF by 23.4% in the first quarter. Geneos Wealth Management Inc. now owns 10,618 shares of the company’s stock valued at $493,000 after purchasing an additional 2,012 shares during the last quarter.

Invesco Russell 1000 Equal Weight ETF Price Performance

Shares of EQAL stock traded up $0.04 during trading hours on Thursday, hitting $43.37. The stock had a trading volume of 157,242 shares, compared to its average volume of 30,939. The firm has a market capitalization of $670.07 million, a PE ratio of 16.57 and a beta of 1.11. Invesco Russell 1000 Equal Weight ETF has a twelve month low of $37.35 and a twelve month high of $46.21. The stock’s 50 day moving average is $44.66 and its 200 day moving average is $42.55.

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.