Norris Perne & French LLP MI acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 64,597 shares of the company’s stock, valued at approximately $13,437,000.
A number of other institutional investors also recently made changes to their positions in the business. Weaver Consulting Group lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.5% in the third quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock worth $669,000 after purchasing an additional 48 shares during the last quarter. Sage Capital Advisors llc grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the third quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock valued at $512,000 after buying an additional 48 shares during the last quarter. Charis Legacy Partners LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after buying an additional 49 shares during the last quarter. Canvas Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the second quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock valued at $930,000 after buying an additional 50 shares during the last quarter. Finally, Tenon Financial LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.0% during the third quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock valued at $1,079,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 0.8%
RSP opened at $216.54 on Friday. The company has a market cap of $99.53 billion, a P/E ratio of 20.10 and a beta of 0.92. The business’s 50-day moving average price is $215.28 and its 200-day moving average price is $211.23. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43.
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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