Invesco S&P 500 Equal Weight ETF $RSP Stake Raised by Cape ANN Savings Bank

Cape ANN Savings Bank increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 351.2% in the 4th quarter, Holdings Channel reports. The fund owned 12,475 shares of the company’s stock after purchasing an additional 9,710 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 1.2% of Cape ANN Savings Bank’s portfolio, making the stock its 17th biggest position. Cape ANN Savings Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,390,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Pacific Point Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 4.2% in the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after acquiring an additional 52 shares in the last quarter. Drucker Wealth 3.0 LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.3% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after acquiring an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after acquiring an additional 55 shares in the last quarter. Battery Global Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after acquiring an additional 55 shares in the last quarter. Finally, Burns J W & Co. Inc. NY lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after acquiring an additional 57 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.0%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $202.45 on Friday. The stock has a 50-day moving average price of $198.04 and a 200 day moving average price of $194.55. The company has a market cap of $87.89 billion, a P/E ratio of 20.10 and a beta of 0.94. Invesco S&P 500 Equal Weight ETF has a 1 year low of $164.58 and a 1 year high of $205.24.

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.