Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL) Reaches New 1-Year High – Here’s Why

Posted by Dante Gardener on Aug 4th, 2026

Invesco Russell 1000 Equal Weight ETF (NYSEARCA:EQAL – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $60.07 and last traded at $60.07, with a volume of 11564 shares changing hands. The stock had previously closed at $59.87.

Invesco Russell 1000 Equal Weight ETF Stock Performance

The stock has a 50 day moving average of $59.00 and a 200 day moving average of $57.32. The stock has a market capitalization of $834.21 million, a P/E ratio of 18.07 and a beta of 0.90.

Hedge Funds Weigh In On Invesco Russell 1000 Equal Weight ETF

Several institutional investors have recently modified their holdings of the company. Sykon Capital LLC purchased a new position in Invesco Russell 1000 Equal Weight ETF in the 3rd quarter worth about $13,402,000. Bank of America Corp DE boosted its position in Invesco Russell 1000 Equal Weight ETF by 53.9% during the 1st quarter. Bank of America Corp DE now owns 398,926 shares of the company’s stock worth $21,981,000 after acquiring an additional 139,631 shares during the period. Bingham Private Wealth LLC purchased a new position in Invesco Russell 1000 Equal Weight ETF during the 4th quarter valued at about $2,380,000. Empowered Funds LLC grew its stake in Invesco Russell 1000 Equal Weight ETF by 309.8% during the 1st quarter. Empowered Funds LLC now owns 50,514 shares of the company’s stock valued at $2,783,000 after acquiring an additional 38,189 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Invesco Russell 1000 Equal Weight ETF in the 1st quarter valued at about $1,856,000.

About Invesco Russell 1000 Equal Weight ETF

(Get Free Report)

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.