Y Intercept Hong Kong Ltd Has $1.17 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Y Intercept Hong Kong Ltd boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 240.1% during the 1st quarter, Holdings Channel reports. The fund owned 6,094 shares of the company’s stock after buying an additional 4,302 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,170,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of RSP. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $26,000. Nalls Sherbakoff Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $29,000. Hurley Capital LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares in the last quarter. Basepoint Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $42,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

NYSEARCA RSP traded up $0.80 on Friday, reaching $214.30. The company had a trading volume of 5,539,473 shares, compared to its average volume of 14,463,745. The stock has a market capitalization of $96.73 billion, a P/E ratio of 20.10 and a beta of 0.91. The company’s fifty day moving average is $208.58 and its 200 day moving average is $201.64. 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.