Diversified Trust Co bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 39,873 shares of the company’s stock, valued at approximately $8,294,000.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Vista Capital Partners Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $255,000. Municipal Employees Retirement System of Michigan purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $155,746,000. Carson Advisory Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.0% during the third quarter. Carson Advisory Inc. now owns 1,710 shares of the company’s stock worth $356,000 after purchasing an additional 50 shares during the last quarter. EagleClaw Capital Managment LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.8% during the third quarter. EagleClaw Capital Managment LLC now owns 12,504 shares of the company’s stock worth $2,601,000 after purchasing an additional 219 shares during the last quarter. Finally, Moors & Cabot Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 30.1% during the third quarter. Moors & Cabot Inc. now owns 39,108 shares of the company’s stock worth $8,135,000 after purchasing an additional 9,059 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
RSP opened at $221.16 on Friday. The business’s fifty day moving average is $214.98 and its two-hundred day moving average is $208.82. The company has a market cap of $104.35 billion, a price-to-earnings ratio of 20.90 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $224.20.
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.
Featured Articles
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
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.
