Invesco S&P 500 Equal Weight ETF $RSP Shares Newly Purchased by StoneX Group Inc.

StoneX Group Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 149,655 shares of the company’s stock, valued at approximately $31,138,000. Invesco S&P 500 Equal Weight ETF makes up 1.1% of StoneX Group Inc.’s investment portfolio, making the stock its 14th largest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Unify Financial Advisors increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21.8% during the third quarter. Unify Financial Advisors now owns 1,748 shares of the company’s stock worth $364,000 after purchasing an additional 313 shares during the period. Balentine LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.0% in the third quarter. Balentine LLC now owns 10,915 shares of the company’s stock valued at $2,271,000 after buying an additional 318 shares during the period. Allen Investment Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $80,855,000. Verus Capital Partners LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 8.8% in the third quarter. Verus Capital Partners LLC now owns 3,336 shares of the company’s stock valued at $694,000 after buying an additional 269 shares during the period. Finally, Investment Management Corp VA ADV bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $779,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $216.05 on Friday. The company has a market capitalization of $100.26 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $224.20. The business’s 50 day simple moving average is $214.78 and its 200 day simple moving average is $208.27.

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.