Invesco S&P 500 Equal Weight ETF $RSP is Basso Capital Management L.P.’s 6th Largest Position

Basso Capital Management L.P. lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 47,591 shares of the company’s stock after selling 24,174 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 5.4% of Basso Capital Management L.P.’s holdings, making the stock its 6th largest position. Basso Capital Management L.P.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,117,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $26,000. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $26,000. Aviso Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. Hurley Capital LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares during the last quarter. Finally, Goodman Advisory Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $35,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 1.5%

Shares of RSP stock opened at $208.99 on Thursday. The business’s 50 day moving average is $204.48 and its two-hundred day moving average is $199.28. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.98 and a twelve month high of $214.30. The company has a market capitalization of $90.16 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). 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.