GoalVest Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 189 shares of the company’s stock, valued at approximately $34,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Nova Wealth Management Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $25,000. Uniplan Investment Counsel Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $26,000. Richardson Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $30,000. Howe & Rusling Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares during the period. Finally, Olde Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $37,000. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA:RSP opened at $192.11 on Tuesday. The firm has a market cap of $74.18 billion, a PE ratio of 20.10 and a beta of 0.99. The firm’s 50 day simple moving average is $188.79 and its 200-day simple moving average is $181.62. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.33.
Invesco S&P 500 Equal Weight ETF 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).
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