Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) Shares Sold by Choate Investment Advisors

Choate Investment Advisors reduced its stake in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 30.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,265 shares of the company’s stock after selling 3,120 shares during the period. Choate Investment Advisors owned approximately 0.06% of Invesco Russell 1000 Equal Weight ETF worth $351,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp raised its stake in shares of Invesco Russell 1000 Equal Weight ETF by 249.0% in the fourth quarter. Jones Financial Companies Lllp now owns 1,176 shares of the company’s stock valued at $57,000 after acquiring an additional 839 shares in the last quarter. FMR LLC raised its stake in Invesco Russell 1000 Equal Weight ETF by 25.1% in the third quarter. FMR LLC now owns 2,266 shares of the company’s stock valued at $110,000 after buying an additional 454 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at $243,000. HighTower Advisors LLC raised its stake in Invesco Russell 1000 Equal Weight ETF by 5.8% in the fourth quarter. HighTower Advisors LLC now owns 5,579 shares of the company’s stock valued at $269,000 after buying an additional 306 shares in the last quarter. Finally, Retirement Income Solutions Inc acquired a new stake in Invesco Russell 1000 Equal Weight ETF in the fourth quarter valued at $298,000.

Invesco Russell 1000 Equal Weight ETF Price Performance

Invesco Russell 1000 Equal Weight ETF stock opened at $47.91 on Tuesday. Invesco Russell 1000 Equal Weight ETF has a 1-year low of $43.26 and a 1-year high of $52.18. The stock has a market cap of $615.64 million, a PE ratio of 19.28 and a beta of 1.12. The stock’s fifty day moving average is $49.20 and its two-hundred day moving average is $49.15.

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.