One Day In July LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 28.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 134,581 shares of the company’s stock after acquiring an additional 29,838 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 2.5% of One Day In July LLC’s holdings, making the stock its 12th biggest holding. One Day In July LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,583,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the stock. Aspen Investment Management Inc lifted its stake in Invesco S&P 500 Equal Weight ETF by 4.2% in the fourth quarter. Aspen Investment Management Inc now owns 60,256 shares of the company’s stock valued at $10,559,000 after buying an additional 2,412 shares in the last quarter. Jordan Park Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $3,014,000. Concurrent Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 9.9% in the fourth quarter. Concurrent Investment Advisors LLC now owns 74,507 shares of the company’s stock worth $13,056,000 after purchasing an additional 6,724 shares in the last quarter. Meitav Investment House Ltd. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 23.5% in the fourth quarter. Meitav Investment House Ltd. now owns 669,789 shares of the company’s stock worth $117,290,000 after purchasing an additional 127,350 shares in the last quarter. Finally, WealthBridge Capital Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. WealthBridge Capital Management LLC now owns 105,248 shares of the company’s stock worth $18,443,000 after purchasing an additional 3,422 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Down 0.3 %
Shares of RSP stock opened at $182.38 on Friday. The company’s fifty day simple moving average is $178.99 and its 200-day simple moving average is $178.20. The firm has a market cap of $61.09 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16.
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).
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