Calamos Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,601 shares of the company’s stock, valued at approximately $4,701,000.
Several other large investors also recently added to or reduced their stakes in the business. Highland Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $26,000. Brandywine Financial Group increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares in the last quarter. Valley National Advisers Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $31,000. Rogco LP purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth $34,000. Finally, Asset Dedication LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $36,000. 61.18% of the stock is currently owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Trading Down 0.4%
NYSEARCA RSP traded down $0.82 on Friday, hitting $216.05. 13,096,930 shares of the company traded hands, compared to its average volume of 11,916,534. The company has a market capitalization of $100.26 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The business’s 50 day moving average price is $214.78 and its 200-day moving average price is $208.27. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $224.20.
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.
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