CPA Asset Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the fourth quarter, HoldingsChannel reports. The fund purchased 1,832 shares of the company’s stock, valued at approximately $289,000.
A number of other large investors have also recently bought and sold shares of the company. SJS Investment Consulting Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $26,000. Salem Investment Counselors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $26,000. Householder Group Estate & Retirement Specialist LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. Core Wealth Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $38,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $44,000.
Invesco S&P 500 Equal Weight ETF Price Performance
RSP stock traded up $0.53 during midday trading on Thursday, reaching $169.31. The company had a trading volume of 2,019,457 shares, compared to its average volume of 6,397,595. The company has a market capitalization of $47.86 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. The stock has a 50 day moving average price of $161.09 and a 200-day moving average price of $151.82. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.51.
About Invesco S&P 500 Equal Weight ETF
Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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