Mizuho Markets Americas LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 4,950 shares of the company’s stock, valued at approximately $950,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of RSP. Dorato Capital Management acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $26,000. Nalls Sherbakoff Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $29,000. Hurley Capital LLC increased its position in Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after buying an additional 118 shares during the last quarter. Basepoint Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $42,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Down 0.4%
RSP opened at $211.92 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $216.37. The business has a 50 day moving average of $210.29 and a 200-day moving average of $202.98. The stock has a market cap of $94.99 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.
About Invesco S&P 500 Equal Weight ETF
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
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.
