One Day In July LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 5.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 308,508 shares of the company’s stock after buying an additional 15,232 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 4.7% of One Day In July LLC’s investment portfolio, making the stock its 8th biggest position. One Day In July LLC owned 0.07% of Invesco S&P 500 Equal Weight ETF worth $59,209,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.5% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after acquiring an additional 51 shares during the last quarter. Ballast Rock Private Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF by 0.8% during the 1st quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after acquiring an additional 51 shares during the last quarter. Pacific Point Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after acquiring an additional 52 shares during the last quarter. Merkkuri Wealth Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.5% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 11,865 shares of the company’s stock valued at $2,277,000 after purchasing an additional 54 shares in the last quarter. Finally, Jessup Wealth Management Inc increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.8% during the 4th quarter. Jessup Wealth Management Inc now owns 3,068 shares of the company’s stock valued at $588,000 after purchasing an additional 55 shares in the last quarter. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP opened at $215.06 on Friday. The stock has a fifty day moving average price of $209.39 and a two-hundred day moving average price of $202.27. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $216.37. The company has a market cap of $96.58 billion, a price-to-earnings 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.
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