Geneos Wealth Management Inc. Sells 406 Shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

Geneos Wealth Management Inc. cut its stake in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 0.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,836 shares of the company’s stock after selling 406 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $2,745,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Goodman Advisory Group LLC acquired a new position in shares of Invesco Russell 1000 Equal Weight ETF during the 2nd quarter worth about $34,000. FMR LLC grew its holdings in Invesco Russell 1000 Equal Weight ETF by 25.1% during the third quarter. FMR LLC now owns 2,266 shares of the company’s stock valued at $110,000 after purchasing an additional 454 shares during the period. Fiduciary Financial Group LLC bought a new stake in Invesco Russell 1000 Equal Weight ETF in the third quarter valued at approximately $202,000. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco Russell 1000 Equal Weight ETF by 31.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,800 shares of the company’s stock worth $348,000 after purchasing an additional 1,876 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Invesco Russell 1000 Equal Weight ETF during the third quarter worth $386,000.

Invesco Russell 1000 Equal Weight ETF Stock Down 0.0 %

EQAL opened at $50.43 on Friday. The stock has a market cap of $665.68 million, a P/E ratio of 16.01 and a beta of 0.95. Invesco Russell 1000 Equal Weight ETF has a 12 month low of $42.69 and a 12 month high of $52.18. The company has a fifty day simple moving average of $49.87 and a 200 day simple moving average of $48.34.

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.