Alan B Lancz & Associates Inc. lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 9.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,140 shares of the company’s stock after selling 235 shares during the period. Alan B Lancz & Associates Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $389,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in RSP. Nova Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $25,000. Uniplan Investment Counsel Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $26,000. Richardson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $30,000. Howe & Rusling Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares during the period. Finally, Olde Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $37,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Up 0.5%
NYSEARCA:RSP opened at $188.01 on Monday. The company has a 50-day moving average price of $188.16 and a 200-day moving average price of $180.26. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30. The stock has a market cap of $72.67 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.
About Invesco S&P 500 Equal Weight ETF
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).
Featured Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Options Trading – Understanding Strike Price
- JPMorgan Crushes Q3; But Is the Steady Eddy Stock Hitting A Wall?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Snap-on Incorporated: Snap It Up Quick, New Highs Will Come Soon
- How is Compound Interest Calculated?
- As Global Renewables Surpass Coal, This ETF Offers Smart Exposure
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
