Global Trust Asset Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 22.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 3,218 shares of the company’s stock after acquiring an additional 580 shares during the quarter. Global Trust Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Van ECK Associates Corp increased its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. FPC Investment Advisory Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $28,000. Cambridge Financial Group Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $28,000. Joseph Group Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $29,000. Finally, Bridge Generations Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $29,000.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA RSP opened at $179.06 on Tuesday. The firm has a market cap of $72.38 billion, a PE ratio of 20.59 and a beta of 0.99. The firm has a fifty day moving average of $172.20 and a 200 day moving average of $175.49. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $188.16.
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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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).
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