Invesco S&P 500 Equal Weight ETF $RSP is Tucker Asset Management LLC’s 4th Largest Position

Tucker Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,161 shares of the company’s stock after purchasing an additional 17,643 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 5.8% of Tucker Asset Management LLC’s holdings, making the stock its 4th largest holding. Tucker Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,652,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Highland Investment Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth $26,000. Nalls Sherbakoff Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $29,000. Brandywine Financial Group increased its position in Invesco S&P 500 Equal Weight ETF by 636.8% during the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after purchasing an additional 121 shares during the period. Hurley Capital LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares in the last quarter. Finally, Rogco LP bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth $34,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $219.00 on Monday. The company has a 50-day moving average price of $217.21 and a 200-day moving average price of $207.41. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The stock has a market cap of $98.97 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.