North Dallas Bank & Trust Co. Buys New Stake in Invesco S&P 500 Equal Weight ETF $RSP

North Dallas Bank & Trust Co. acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,804 shares of the company’s stock, valued at approximately $537,000.

A number of other institutional investors and hedge funds have also made changes to their positions in RSP. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $26,000. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $26,000. Aviso Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $28,000. IMA Advisory Services Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $33,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $35,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8%

Shares of NYSEARCA:RSP opened at $209.19 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $210.95. The stock has a market capitalization of $90.25 billion, a P/E ratio of 20.10 and a beta of 0.91. The firm has a fifty day simple moving average of $202.29 and a two-hundred day simple moving average of $198.31.

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). 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.