2,692 Shares of Invesco S&P 500 Equal Weight ETF $RSP Bought by Weaver Capital Management LLC

Weaver Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,692 shares of the company’s stock, valued at approximately $560,000.

A number of other hedge funds also recently made changes to their positions in RSP. Highland Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $26,000. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $29,000. Brandywine Financial Group increased its position in Invesco S&P 500 Equal Weight ETF by 636.8% during the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after purchasing an additional 121 shares during the period. Rogco LP acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $34,000. Finally, Asset Dedication LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $36,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $215.00 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43. The company has a 50 day simple moving average of $215.93 and a two-hundred day simple moving average of $210.35. The company has a market capitalization of $98.68 billion, a PE ratio of 20.10 and a beta of 0.92.

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.