USEQ Invesco Russell 1000 Enhanced Equal Weight ETF

Seeks to track, before fees and expenses, the Russell 1000 Enhanced Value Equal Weight Index. The Index is composed of securities in the Russell 1000 Index exhibiting upward price momentum and fair valuations. The Index employs a three-step screening process: First, exclude securities with zero or negative earnings over past 12 months; second, screen for value stocks using an average of cash flow yield, earnings yield, and sales-to-price ratio and exclude the bottom decile; third, screen for securities with greater positive price momentum and exclude the bottom decile. The remaining stocks are then equally weighted.

$38.08  +0.54 (1.45%)
As of 12/07/2021 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     Invesco
Category1:  US Equity
Category2:  Broad market
Category3:  Large and mid cap
Morningstar category:  Mid-Cap Blend
Leverage factor:  1.00
Inception date:  07/11/2017
Index tracking method: Passive replication
Current yield:  1.96%
Historical average yield:  2.07%
Market cap:  $2,963,528
Average volume:  274
Fees:     0.2900%

Index Information
Russell 1000 Enhanced Value Equal Weight Index
Index symbol:  R1EVEWT
Provider:   FTSE Russell
Index weighting:   Equal weighted
Index inception date:  12/31/2001
Backtesting data exists:   No
Index factsheet:  Read PDF
Number of holdings:  681  (as of 12/01/2018)
Strategy:  Multi-factor investing
Rebalanced:  Semi-annually
Reconstituted:  Semi-annually
Factors used to select securities:

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