Cerity Partners LLC Sells 740 Shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

Cerity Partners LLC cut its position in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 2.6% in the fourth quarter, HoldingsChannel reports. The firm owned 28,143 shares of the company’s stock after selling 740 shares during the period. Cerity Partners LLC’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $1,359,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in EQAL. HighTower Advisors LLC boosted its position in Invesco Russell 1000 Equal Weight ETF by 5.8% during the 4th quarter. HighTower Advisors LLC now owns 5,579 shares of the company’s stock valued at $269,000 after acquiring an additional 306 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in Invesco Russell 1000 Equal Weight ETF by 2.2% during the fourth quarter. Thrivent Financial for Lutherans now owns 19,219 shares of the company’s stock valued at $979,000 after acquiring an additional 415 shares during the last quarter. FMR LLC grew its holdings 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 worth $110,000 after purchasing an additional 454 shares during the last quarter. Davis Investment Partners LLC lifted its holdings in shares of Invesco Russell 1000 Equal Weight ETF by 2.2% during the 4th quarter. Davis Investment Partners LLC now owns 37,733 shares of the company’s stock valued at $1,809,000 after purchasing an additional 802 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in 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 buying an additional 839 shares during the last quarter.

Invesco Russell 1000 Equal Weight ETF Stock Performance

Shares of EQAL stock opened at $44.27 on Friday. Invesco Russell 1000 Equal Weight ETF has a fifty-two week low of $40.85 and a fifty-two week high of $52.18. The stock’s 50-day simple moving average is $47.19 and its 200-day simple moving average is $48.78. The firm has a market capitalization of $566.66 million, a PE ratio of 16.90 and a beta of 1.06.

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.