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

Hamilton Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,210 shares of the company’s stock, valued at approximately $1,192,000.

Several other large investors also recently made changes to their positions in RSP. Dorato Capital Management bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $26,000. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $29,000. Hurley Capital LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares in the last quarter. Basepoint Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $40,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $42,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $215.73 on Thursday. The stock has a market cap of $97.76 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $218.11. The business has a fifty day moving average of $211.33 and a 200-day moving average of $203.53.

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). 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.