Schroder Investment Management Group acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 42,874 shares of the company’s stock, valued at approximately $7,499,000.
Several other hedge funds have also added to or reduced their stakes in the stock. Beta Wealth Group Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.4% in the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after purchasing an additional 150 shares during the period. Tidemark LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 31.4% during the 4th quarter. Tidemark LLC now owns 431 shares of the company’s stock worth $76,000 after acquiring an additional 103 shares during the period. Ceera Investments LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $267,000. Sandy Cove Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $222,000. Finally, Permanent Capital Management LP bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $25,956,000.
Invesco S&P 500 Equal Weight ETF Stock Down 5.6 %
RSP opened at $157.18 on Friday. The company has a market capitalization of $65.67 billion, a price-to-earnings ratio of 21.02 and a beta of 1.01. The firm has a 50-day moving average price of $177.08 and a 200-day moving average price of $178.93. Invesco S&P 500 Equal Weight ETF has a twelve month low of $156.94 and a twelve month high of $188.16.
Invesco S&P 500 Equal Weight ETF Dividend Announcement
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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