Bauman Advisory Group LLC Purchases Shares of 26,402 Invesco S&P 500 Equal Weight ETF $RSP

Bauman Advisory Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 26,402 shares of the company’s stock, valued at approximately $5,067,000. Invesco S&P 500 Equal Weight ETF accounts for 3.6% of Bauman Advisory Group LLC’s investment portfolio, making the stock its 6th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of RSP. Dorato Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $26,000. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $29,000. Hurley Capital LLC raised its stake in 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 acquiring an additional 118 shares during the period. Basepoint Wealth LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $40,000. Finally, Raleigh Capital Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $42,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $215.06 on Friday. The firm has a market cap of $96.58 billion, a PE ratio of 20.10 and a beta of 0.91. The business’s 50 day moving average price is $209.39 and its two-hundred day moving average price is $202.27. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $216.37.

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.