Boston Trust Walden Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 21,321 shares of the company’s stock, valued at approximately $4,435,000.
Other hedge funds have also bought and sold shares of the company. Highland Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth $26,000. Brandywine Financial Group boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after buying an additional 121 shares during the last quarter. Valley National Advisers Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $31,000. Rogco LP bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $34,000. Finally, Asset Dedication LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $36,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Down 0.4%
Invesco S&P 500 Equal Weight ETF stock traded down $0.82 during midday trading on Friday, reaching $216.05. 13,096,930 shares of the stock traded hands, compared to its average volume of 11,916,534. The stock’s fifty day moving average is $214.78 and its 200-day moving average is $208.27. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $224.20. The stock has a market cap of $100.26 billion, a P/E 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.
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