Invesco Russell 1000 Equal Weight ETF $EQAL Shares Bought by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. raised its holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 24.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 104,087 shares of the company’s stock after purchasing an additional 20,722 shares during the period. Geneos Wealth Management Inc. owned about 0.76% of Invesco Russell 1000 Equal Weight ETF worth $5,735,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Sanctuary Advisors LLC purchased a new position in shares of Invesco Russell 1000 Equal Weight ETF during the 1st quarter valued at approximately $1,856,000. SFE Investment Counsel increased its holdings in Invesco Russell 1000 Equal Weight ETF by 1.8% in the 1st quarter. SFE Investment Counsel now owns 27,265 shares of the company’s stock worth $1,502,000 after acquiring an additional 480 shares in the last quarter. Breakwater Capital Group raised its position in Invesco Russell 1000 Equal Weight ETF by 22.6% during the first quarter. Breakwater Capital Group now owns 16,408 shares of the company’s stock worth $904,000 after acquiring an additional 3,022 shares during the period. NewEdge Advisors LLC lifted its holdings in Invesco Russell 1000 Equal Weight ETF by 78.0% during the fourth quarter. NewEdge Advisors LLC now owns 25,267 shares of the company’s stock valued at $1,330,000 after purchasing an additional 11,071 shares in the last quarter. Finally, Empowered Funds LLC purchased a new position in Invesco Russell 1000 Equal Weight ETF during the fourth quarter valued at $649,000.

Invesco Russell 1000 Equal Weight ETF Stock Up 0.6%

EQAL stock opened at $59.38 on Friday. Invesco Russell 1000 Equal Weight ETF has a 52 week low of $48.86 and a 52 week high of $59.98. The firm has a 50-day simple moving average of $58.60 and a 200-day simple moving average of $56.84. The stock has a market capitalization of $813.51 million, a P/E ratio of 18.07 and a beta of 0.90.

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.