Barbara Oil Co. Purchases New Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Barbara Oil Co. acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 9,210 shares of the company’s stock, valued at approximately $1,978,000.

Other institutional investors have also added to or reduced their stakes in the company. Highland Investment Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $26,000. Brandywine Financial Group raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after purchasing an additional 121 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000. Rogco LP acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $34,000. Finally, Hurley Capital LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 1.0%

Shares of NYSEARCA RSP opened at $214.64 on Thursday. The business’s 50 day moving average price is $217.44 and its two-hundred day moving average price is $207.70. The company has a market cap of $97.00 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve 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.