Bellwether Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,464 shares of the company’s stock, valued at approximately $473,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Dorato Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $26,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $29,000. Hurley Capital LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the last quarter. Basepoint Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $40,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $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 $212.76 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $216.37. The firm has a market cap of $95.69 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The firm’s fifty day moving average is $209.93 and its two-hundred day moving average is $202.69.
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
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
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.
