TrinityBridge Ltd grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 88.1% in the third quarter, HoldingsChannel.com reports. The fund owned 6,770 shares of the company’s stock after buying an additional 3,170 shares during the period. TrinityBridge Ltd’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Integras Partners LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $209,000. Associated Banc Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $986,000. Integrity Alliance LLC. bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $1,317,000. Integrity Advisory Solutions LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 11.1% during the third quarter. Integrity Advisory Solutions LLC now owns 4,165 shares of the company’s stock worth $866,000 after purchasing an additional 415 shares during the period. Finally, Mountain Pacific Investment Advisers LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 16.2% during the third quarter. Mountain Pacific Investment Advisers LLC now owns 30,550 shares of the company’s stock worth $6,355,000 after purchasing an additional 4,269 shares during the period. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of RSP opened at $219.26 on Wednesday. The firm has a market capitalization of $101.10 billion, a PE ratio of 20.10 and a beta of 0.91. The company’s 50-day moving average is $214.96 and its 200-day moving average is $207.96. 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.
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.
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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).
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