Sigma Planning Corp increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 6.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,204 shares of the company’s stock after buying an additional 3,398 shares during the period. Sigma Planning Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,362,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of RSP. Brookstone Capital Management boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after purchasing an additional 6,481 shares in the last quarter. Banta Asset Management LP acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $1,654,000. Allen Investment Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 32.8% in the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after purchasing an additional 35,220 shares in the last quarter. Vise Technologies Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 144.2% in the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock worth $968,000 after purchasing an additional 2,983 shares in the last quarter. Finally, Capital Investment Advisory Services LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 67.5% in the fourth quarter. Capital Investment Advisory Services LLC now owns 70,925 shares of the company’s stock valued at $13,586,000 after buying an additional 28,586 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
Invesco S&P 500 Equal Weight ETF stock opened at $213.45 on Wednesday. The stock has a market capitalization of $95.86 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $216.37. The stock’s 50 day moving average price is $209.00 and its two-hundred day moving average price is $201.98.
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.
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