Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) Short Interest Down 46.7% in December

Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 13,330 shares, a decrease of 46.7% from the November 30th total of 24,995 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 25,163 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 25,163 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Invesco Russell 1000 Equal Weight ETF

A number of institutional investors have recently added to or reduced their stakes in EQAL. NewEdge Advisors LLC raised its holdings in shares of Invesco Russell 1000 Equal Weight ETF by 3,232.4% in the 3rd quarter. NewEdge Advisors LLC now owns 14,196 shares of the company’s stock worth $738,000 after buying an additional 13,770 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in shares of Invesco Russell 1000 Equal Weight ETF by 39.4% during the third quarter. Susquehanna International Group LLP now owns 22,715 shares of the company’s stock valued at $1,181,000 after acquiring an additional 6,420 shares during the period. Sykon Capital LLC acquired a new stake in shares of Invesco Russell 1000 Equal Weight ETF in the 3rd quarter valued at $13,402,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco Russell 1000 Equal Weight ETF by 48.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 14,029 shares of the company’s stock worth $730,000 after purchasing an additional 4,600 shares during the last quarter. Finally, Breakwater Capital Group increased its position in shares of Invesco Russell 1000 Equal Weight ETF by 12.0% during the 3rd quarter. Breakwater Capital Group now owns 9,360 shares of the company’s stock worth $487,000 after purchasing an additional 1,000 shares in the last quarter.

Invesco Russell 1000 Equal Weight ETF Stock Down 0.3%

Invesco Russell 1000 Equal Weight ETF stock traded down $0.18 on Monday, hitting $53.07. The company’s stock had a trading volume of 23,428 shares, compared to its average volume of 37,882. Invesco Russell 1000 Equal Weight ETF has a one year low of $40.85 and a one year high of $53.87. The firm has a market cap of $695.22 million, a P/E ratio of 18.07 and a beta of 1.00. The company has a fifty day moving average price of $52.19 and a 200-day moving average price of $51.26.

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.