Salomon & Ludwin LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 9.4% in the 2nd quarter, Holdings Channel reports. The fund owned 8,654 shares of the company’s stock after buying an additional 745 shares during the period. Salomon & Ludwin LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,595,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Nova Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $26,000. Richardson Capital Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $30,000. OLD Second National Bank of Aurora purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $31,000. Finally, Howe & Rusling Inc. lifted its position in 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 buying an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Up 0.5%
RSP stock opened at $188.01 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.30. The company has a market cap of $72.67 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The company has a 50 day moving average of $188.16 and a two-hundred day moving average of $180.16.
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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