Mustico Financial Group Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 1.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 150,973 shares of the company’s stock after purchasing an additional 2,658 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 18.7% of Mustico Financial Group Inc.’s portfolio, making the stock its 2nd largest holding. Mustico Financial Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $30,326,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of RSP. Dorato Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $29,000. Hurley Capital LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter. Basepoint Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $40,000. Finally, Raleigh Capital Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $42,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA RSP opened at $213.57 on Friday. The firm has a market cap of $95.73 billion, a PE ratio of 20.10 and a beta of 0.91. The firm has a fifty day moving average of $210.53 and a 200 day moving average of $203.05. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $216.37.
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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