Legacy Wealth Managment LLC ID grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 245.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,701 shares of the company’s stock after purchasing an additional 2,629 shares during the quarter. Legacy Wealth Managment LLC ID’s holdings in Invesco S&P 500 Equal Weight ETF were worth $787,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Banta Asset Management LP purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $1,654,000. Allen Investment Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 32.8% in the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after acquiring an additional 35,220 shares during the period. Vise Technologies Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 144.2% during the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock worth $968,000 after acquiring an additional 2,983 shares during the last quarter. CBIZ Investment Advisory Services LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 20.4% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 257,030 shares of the company’s stock worth $49,137,000 after acquiring an additional 43,580 shares during the last quarter. Finally, Madison Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $858,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
RSP stock opened at $220.05 on Friday. The company has a market cap of $99.44 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The company has a fifty day moving average price of $217.04 and a 200 day moving average price of $207.29. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43.
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.
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