8,164 Shares in Invesco S&P 500 Equal Weight ETF $RSP Purchased by Sendero Wealth Management LLC

Sendero Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 8,164 shares of the company’s stock, valued at approximately $1,564,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSP. NBZ Investment Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $26,000. Aviso Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. Investment Counsel Co. of Nevada acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $29,000. Tompkins Financial Corp acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $32,000. Finally, IMA Advisory Services Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $33,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $191.08 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $205.24. The firm has a market capitalization of $79.24 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The business has a 50 day simple moving average of $199.10 and a 200 day simple moving average of $193.42.

Invesco S&P 500 Equal Weight ETF Company Profile

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.