Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) Shares Sold by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. reduced its stake in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 13.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 19,725 shares of the company’s stock after selling 2,962 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Invesco Russell 1000 Equal Weight ETF were worth $953,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Miracle Mile Advisors LLC acquired a new stake in Invesco Russell 1000 Equal Weight ETF in the 4th quarter worth about $4,143,000. Thrivent Financial for Lutherans purchased a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the 2nd quarter valued at approximately $773,000. Creative Planning purchased a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the 2nd quarter valued at approximately $512,000. Orion Portfolio Solutions LLC purchased a new stake in shares of Invesco Russell 1000 Equal Weight ETF during the 3rd quarter valued at approximately $477,000. Finally, San Luis Wealth Advisors LLC raised its position in Invesco Russell 1000 Equal Weight ETF by 6.9% in the third quarter. San Luis Wealth Advisors LLC now owns 133,321 shares of the company’s stock valued at $6,486,000 after purchasing an additional 8,603 shares during the period.

Invesco Russell 1000 Equal Weight ETF Stock Down 0.7 %

Shares of NYSEARCA EQAL opened at $49.95 on Friday. The firm has a market cap of $659.34 million, a price-to-earnings ratio of 16.01 and a beta of 0.95. Invesco Russell 1000 Equal Weight ETF has a 52-week low of $42.69 and a 52-week high of $52.18. The business’s 50 day moving average is $49.86 and its two-hundred day moving average is $48.47.

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.