SignalPoint Asset Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 4.2% during the 1st quarter, HoldingsChannel reports. The firm owned 1,729 shares of the company’s stock after buying an additional 70 shares during the quarter. SignalPoint Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $293,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Partnership Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $25,000. Howe & Rusling Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $26,000. GAMMA Investing LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $38,000. SOA Wealth Advisors LLC. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after buying an additional 103 shares during the period. Finally, Missouri Trust & Investment Co raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 98.5% during the 4th quarter. Missouri Trust & Investment Co now owns 397 shares of the company’s stock worth $63,000 after buying an additional 197 shares during the period.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of RSP stock opened at $165.59 on Friday. The company has a market cap of $55.46 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50 day simple moving average of $164.23 and a 200-day simple moving average of $161.56. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80.
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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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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