Whipplewood Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 615 shares of the company’s stock, valued at approximately $108,000.
Other hedge funds have also bought and sold shares of the company. Beta Wealth Group Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after acquiring an additional 150 shares during the period. Sandy Cove Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $222,000. Strategic Financial Concepts LLC increased its position in Invesco S&P 500 Equal Weight ETF by 84.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after buying an additional 33,861 shares during the last quarter. Telos Capital Management Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 4.9% in the fourth quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock worth $3,053,000 after buying an additional 808 shares during the last quarter. Finally, Van ECK Associates Corp increased its position in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after buying an additional 78 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA:RSP opened at $178.20 on Friday. The business has a fifty day simple moving average of $179.08 and a two-hundred day simple moving average of $178.74. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The company has a market capitalization of $74.07 billion, a P/E ratio of 21.37 and a beta of 1.07.
Invesco S&P 500 Equal Weight ETF 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).
Featured Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- How to Invest in Small Cap Stocks
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- The Risks of Owning Bonds
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- Are Penny Stocks a Good Fit for Your Portfolio?
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
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.
