Total Clarity Wealth Management Inc. Invests $403,000 in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

Total Clarity Wealth Management Inc. acquired a new position in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 9,015 shares of the company’s stock, valued at approximately $403,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of EQAL. SFE Investment Counsel boosted its holdings in Invesco Russell 1000 Equal Weight ETF by 0.8% during the second quarter. SFE Investment Counsel now owns 34,766 shares of the company’s stock valued at $1,552,000 after acquiring an additional 274 shares during the period. Confluence Wealth Services Inc. lifted its position in shares of Invesco Russell 1000 Equal Weight ETF by 288.0% during the 2nd quarter. Confluence Wealth Services Inc. now owns 19,429 shares of the company’s stock worth $867,000 after purchasing an additional 14,422 shares during the last quarter. Rothschild Investment LLC bought a new stake in Invesco Russell 1000 Equal Weight ETF during the 2nd quarter valued at approximately $511,000. Capital Advisors Ltd. LLC grew its holdings in Invesco Russell 1000 Equal Weight ETF by 0.9% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 47,295 shares of the company’s stock valued at $2,112,000 after buying an additional 425 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in Invesco Russell 1000 Equal Weight ETF by 26.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 54,468 shares of the company’s stock valued at $2,432,000 after buying an additional 11,524 shares during the last quarter.

Invesco Russell 1000 Equal Weight ETF Trading Up 0.7 %

Shares of Invesco Russell 1000 Equal Weight ETF stock opened at $47.80 on Tuesday. Invesco Russell 1000 Equal Weight ETF has a 1 year low of $37.35 and a 1 year high of $47.84. The company’s fifty day simple moving average is $46.28 and its 200-day simple moving average is $45.40. The company has a market cap of $630.96 million, a price-to-earnings ratio of 16.01 and a beta of 0.95.

Invesco Russell 1000 Equal Weight ETF 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.