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

Sykon Capital LLC acquired a new position in shares of Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 112,864 shares of the company’s stock, valued at approximately $5,451,000. Invesco Russell 1000 Equal Weight ETF accounts for about 1.9% of Sykon Capital LLC’s holdings, making the stock its 17th biggest position.

Other large investors also recently modified their holdings of the company. FMR LLC grew its position 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 purchasing an additional 454 shares during the period. Janney Montgomery Scott LLC grew its position in Invesco Russell 1000 Equal Weight ETF by 10.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,774 shares of the company’s stock valued at $810,000 after purchasing an additional 1,585 shares during the period. Strategic Financial Concepts LLC acquired a new stake in Invesco Russell 1000 Equal Weight ETF in the 4th quarter valued at $5,398,000. Davis Investment Partners LLC grew its position 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 purchasing an additional 802 shares during the period. Finally, Valeo Financial Advisors LLC acquired a new stake in Invesco Russell 1000 Equal Weight ETF in the 4th quarter valued at $243,000.

Invesco Russell 1000 Equal Weight ETF Trading Down 0.5 %

NYSEARCA EQAL opened at $47.66 on Friday. The company has a market cap of $611.48 million, a P/E ratio of 18.50 and a beta of 1.12. The company has a fifty day simple moving average of $49.16 and a 200 day simple moving average of $49.13. Invesco Russell 1000 Equal Weight ETF has a 12-month low of $43.26 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.