PFG Advisors raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 15.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,072 shares of the company’s stock after purchasing an additional 2,236 shares during the period. PFG Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $2,992,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Beta Wealth Group Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after purchasing an additional 150 shares during the last quarter. Ceera Investments LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $267,000. Sandy Cove Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $222,000. Permanent Capital Management LP acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $25,956,000. Finally, Strategic Financial Concepts LLC increased its position in Invesco S&P 500 Equal Weight ETF by 84.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after purchasing an additional 33,861 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %
RSP opened at $171.07 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The company has a 50 day moving average of $178.91 and a two-hundred day moving average of $179.12. The company has a market cap of $71.11 billion, a P/E ratio of 21.37 and a beta of 1.07.
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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