Yakira Capital Management Inc. Buys 7,508 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Yakira Capital Management Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 220.1% during the third quarter, Holdings Channel.com reports. The fund owned 10,919 shares of the company’s stock after buying an additional 7,508 shares during the period. Yakira Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,071,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $26,000. Aviso Financial Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. Investment Counsel Co. of Nevada bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $29,000. Tompkins Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $32,000. Finally, IMA Advisory Services Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $33,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 1.2%

NYSEARCA:RSP opened at $198.15 on Monday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $205.24. The firm has a fifty day simple moving average of $199.53 and a 200 day simple moving average of $192.92. The stock has a market capitalization of $82.17 billion, a PE ratio of 20.10 and a beta of 0.99.

Invesco S&P 500 Equal Weight ETF 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.