Segall Bryant & Hamill LLC Makes New $12.15 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

Segall Bryant & Hamill LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 61,832 shares of the company’s stock, valued at approximately $12,154,000.

A number of other hedge funds have also made changes to their positions in RSP. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $29,000. Hurley Capital LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth 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 bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $40,000. Murphy & Mullick Capital Management Corp acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $42,000. Finally, Raleigh Capital Management Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $42,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $215.01 on Monday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $218.11. The stock has a market capitalization of $97.26 billion, a PE ratio of 20.10 and a beta of 0.91. The firm has a 50-day moving average price of $211.72 and a two-hundred day moving average price of $203.78.

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.