Talon Private Wealth LLC Acquires New Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Talon Private Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 9,719 shares of the company’s stock, valued at approximately $1,865,000.

Several other hedge funds also recently bought and sold shares of the stock. Readystate Asset Management LP acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $346,000. Rokos Capital Management LLP purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $134,688,000. Evelyn Partners Investment Management Europe Ltd raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.4% in the 1st quarter. Evelyn Partners Investment Management Europe Ltd now owns 9,614 shares of the company’s stock valued at $1,845,000 after acquiring an additional 665 shares during the period. Evercore Wealth Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.6% during the first quarter. Evercore Wealth Management LLC now owns 58,520 shares of the company’s stock worth $11,231,000 after purchasing an additional 7,015 shares in the last quarter. Finally, KCM Investment Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 10.1% during the 1st quarter. KCM Investment Advisors LLC now owns 6,724 shares of the company’s stock worth $1,290,000 after acquiring an additional 618 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 1.2%

RSP opened at $217.69 on Wednesday. The firm’s 50 day moving average is $211.10 and its 200-day moving average is $203.40. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $218.05. The firm has a market capitalization of $97.74 billion, a P/E ratio of 20.10 and a beta of 0.91.

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.