Central Asset Investments & Management Holdings HK Ltd increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 132.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 45,800 shares of the company’s stock after buying an additional 26,100 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 4.9% of Central Asset Investments & Management Holdings HK Ltd’s portfolio, making the stock its 6th biggest position. Central Asset Investments & Management Holdings HK Ltd’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,026,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Keene & Associates Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after purchasing an additional 56 shares in the last quarter. Beaumont Financial Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after buying an additional 58 shares in the last quarter. Ingalls & Snyder LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after buying an additional 58 shares during the period. Boston Standard Wealth Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after buying an additional 61 shares during the period. Finally, Abound Wealth Management increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock valued at $706,000 after acquiring an additional 63 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Down 0.2 %
Shares of NYSEARCA RSP opened at $179.77 on Thursday. The firm has a market cap of $74.73 billion, a PE ratio of 21.37 and a beta of 1.07. The company’s fifty day simple moving average is $179.00 and its 200 day simple moving average is $178.75. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.
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).
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