Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. boosted its position in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 18.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,944 shares of the company’s stock after buying an additional 6,820 shares during the quarter. Geneos Wealth Management Inc. owned 0.33% of Invesco Russell 1000 Equal Weight ETF worth $1,984,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC acquired a new position in Invesco Russell 1000 Equal Weight ETF in the 1st quarter worth $203,000. Brown Brothers Harriman & Co. acquired a new position in Invesco Russell 1000 Equal Weight ETF in the 4th quarter worth $110,000. Allworth Financial LP acquired a new position in Invesco Russell 1000 Equal Weight ETF in the 4th quarter worth $62,000. Lunt Capital Management Inc. acquired a new position in Invesco Russell 1000 Equal Weight ETF in the 4th quarter worth $687,000. Finally, Atria Wealth Solutions Inc. raised its stake in shares of Invesco Russell 1000 Equal Weight ETF by 3.4% in the 4th quarter. Atria Wealth Solutions Inc. now owns 37,493 shares of the company’s stock valued at $1,653,000 after purchasing an additional 1,250 shares in the last quarter.

Invesco Russell 1000 Equal Weight ETF Stock Performance

Shares of Invesco Russell 1000 Equal Weight ETF stock traded up $0.78 during trading on Thursday, reaching $45.49. The company had a trading volume of 39,331 shares, compared to its average volume of 29,707. The company has a market cap of $600.47 million, a price-to-earnings ratio of 16.01 and a beta of 0.95. The firm’s fifty day moving average is $45.01 and its 200-day moving average is $44.47. Invesco Russell 1000 Equal Weight ETF has a fifty-two week low of $37.35 and a fifty-two week high of $46.31.

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.