Investment House LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 13,148 shares of the company’s stock, valued at approximately $2,735,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Highland Investment Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $26,000. Brandywine Financial Group boosted its position in shares of 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 acquiring an additional 121 shares in the last quarter. Rogco LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $34,000. Asset Dedication LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $36,000. Finally, Marquette Asset Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $43,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Up 0.7%
NYSEARCA RSP opened at $218.22 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The stock has a market cap of $100.30 billion, a P/E ratio of 20.10 and a beta of 0.92. The company’s 50-day simple moving average is $215.40 and its 200 day simple moving average is $211.19.
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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
