Schuylkill Financial LLC Purchases Shares of 15,829 Invesco S&P 500 Equal Weight ETF $RSP

Schuylkill Financial LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 15,829 shares of the company’s stock, valued at approximately $3,368,000. Invesco S&P 500 Equal Weight ETF comprises about 3.1% of Schuylkill Financial LLC’s investment portfolio, making the stock its 9th biggest position.

Several other hedge funds have also recently bought and sold shares of RSP. Highland Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $29,000. Brandywine Financial Group lifted its holdings 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 worth $30,000 after purchasing an additional 121 shares during the last quarter. Hurley Capital LLC lifted its holdings 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 worth $34,000 after purchasing an additional 118 shares during the last quarter. Finally, Rogco LP bought a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $34,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $219.00 on Friday. The business has a fifty day simple moving average of $217.21 and a 200 day simple moving average of $207.38. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43. The company has a market capitalization of $98.97 billion, a PE 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.