SFE Investment Counsel Boosts Stock Holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

SFE Investment Counsel boosted its holdings in Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) by 1.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,468 shares of the company’s stock after buying an additional 277 shares during the quarter. SFE Investment Counsel owned approximately 0.18% of Invesco Russell 1000 Equal Weight ETF worth $1,164,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EQAL. The PNC Financial Services Group Inc. lifted its position in Invesco Russell 1000 Equal Weight ETF by 54.4% in the first quarter. The PNC Financial Services Group Inc. now owns 398,318 shares of the company’s stock valued at $17,112,000 after purchasing an additional 140,309 shares during the period. UBS Group AG increased its stake in shares of Invesco Russell 1000 Equal Weight ETF by 154.9% during the 1st quarter. UBS Group AG now owns 80,747 shares of the company’s stock worth $3,469,000 after purchasing an additional 49,070 shares in the last quarter. Hanseatic Management Services Inc. bought a new position in Invesco Russell 1000 Equal Weight ETF during the first quarter worth $1,982,000. Choate Investment Advisors grew its position in shares of Invesco Russell 1000 Equal Weight ETF by 14.9% during the 2nd quarter. Choate Investment Advisors now owns 200,834 shares of the company’s stock valued at $9,176,000 after buying an additional 26,110 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in shares of Invesco Russell 1000 Equal Weight ETF by 22.2% in the 1st quarter. Morgan Stanley now owns 120,259 shares of the company’s stock worth $5,166,000 after purchasing an additional 21,845 shares during the last quarter.

Shares of EQAL stock traded down $0.44 during mid-day trading on Wednesday, hitting $45.44. 15,071 shares of the stock traded hands, compared to its average volume of 79,072. The company’s 50-day simple moving average is $45.59 and its 200-day simple moving average is $44.86. Invesco Russell 1000 Equal Weight ETF has a twelve month low of $30.81 and a twelve month high of $46.87.

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Institutional Ownership by Quarter for Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL)

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