Sykon Capital LLC Acquires New Holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

Sykon Capital LLC acquired a new stake in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 112,864 shares of the company’s stock, valued at approximately $5,451,000. Invesco Russell 1000 Equal Weight ETF comprises 1.9% of Sykon Capital LLC’s holdings, making the stock its 17th biggest position. Sykon Capital LLC owned approximately 0.86% of Invesco Russell 1000 Equal Weight ETF at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. HighTower Advisors LLC raised its holdings in Invesco Russell 1000 Equal Weight ETF by 5.8% in the 4th quarter. HighTower Advisors LLC now owns 5,579 shares of the company’s stock valued at $269,000 after buying an additional 306 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in Invesco Russell 1000 Equal Weight ETF by 2.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 19,219 shares of the company’s stock valued at $979,000 after buying an additional 415 shares during the last quarter. FMR LLC raised its holdings in Invesco Russell 1000 Equal Weight ETF by 25.1% in the 3rd quarter. FMR LLC now owns 2,266 shares of the company’s stock valued at $110,000 after buying an additional 454 shares during the last quarter. Davis Investment Partners LLC raised its holdings in Invesco Russell 1000 Equal Weight ETF by 2.2% in the 4th quarter. Davis Investment Partners LLC now owns 37,733 shares of the company’s stock valued at $1,809,000 after buying an additional 802 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in Invesco Russell 1000 Equal Weight ETF by 249.0% in the 4th 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 Price Performance

Shares of NYSEARCA EQAL opened at $47.66 on Friday. The company has a 50 day simple moving average of $49.16 and a 200 day simple moving average of $49.13. The firm has a market cap of $611.48 million, a PE ratio of 18.50 and a beta of 1.12. Invesco Russell 1000 Equal Weight ETF has a 1 year low of $43.26 and a 1 year 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.