GenTrust LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 146,480 shares of the company’s stock, valued at approximately $25,668,000. Invesco S&P 500 Equal Weight ETF accounts for about 1.1% of GenTrust LLC’s holdings, making the stock its 22nd biggest position.
Other hedge funds have also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares during the period. Van ECK Associates Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares during the period. FPC Investment Advisory Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $29,000. Finally, Hemington Wealth Management raised its position in shares of Invesco S&P 500 Equal Weight ETF by 84.0% during the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after purchasing an additional 84 shares during the period.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA RSP opened at $179.77 on Thursday. The firm has a market cap of $74.73 billion, a P/E ratio of 21.37 and a beta of 1.07. The stock’s 50-day moving average is $179.00 and its 200-day moving average is $178.75. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.
Invesco S&P 500 Equal Weight ETF 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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