Geneos Wealth Management Inc. Has $2.75 Million Position in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

Geneos Wealth Management Inc. cut its holdings in 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 SEC. The institutional investor owned 56,836 shares of the company’s stock after selling 406 shares during the quarter. Geneos Wealth Management Inc. owned approximately 0.43% of Invesco Russell 1000 Equal Weight ETF worth $2,745,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Goodman Advisory Group LLC acquired a new stake in Invesco Russell 1000 Equal Weight ETF in the 2nd quarter valued at about $34,000. FMR LLC increased its holdings in shares of 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 purchasing an additional 454 shares in the last quarter. Fiduciary Financial Group LLC bought a new position in Invesco Russell 1000 Equal Weight ETF in the 3rd quarter worth approximately $202,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco Russell 1000 Equal Weight ETF by 31.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,800 shares of the company’s stock worth $348,000 after buying an additional 1,876 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Invesco Russell 1000 Equal Weight ETF in the 3rd quarter valued at $386,000.

Invesco Russell 1000 Equal Weight ETF Stock Down 0.0 %

Shares of EQAL opened at $50.43 on Friday. The stock’s fifty day simple moving average is $49.87 and its 200-day simple moving average is $48.34. The firm has a market capitalization of $665.68 million, a PE 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.

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.