Flagship Wealth Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 557 shares of the company’s stock, valued at approximately $98,000.
Other hedge funds have also recently bought and sold shares of the company. Beta Wealth Group Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 6.4% in the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after purchasing an additional 150 shares in the last quarter. Tidemark LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 31.4% in the 4th quarter. Tidemark LLC now owns 431 shares of the company’s stock valued at $76,000 after purchasing an additional 103 shares in the last quarter. Ceera Investments LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $267,000. Sandy Cove Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $222,000. Finally, Permanent Capital Management LP acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $25,956,000.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA:RSP opened at $174.99 on Tuesday. The business’s fifty day moving average price is $178.71 and its two-hundred day moving average price is $179.11. The stock has a market cap of $72.90 billion, a PE ratio of 20.93 and a beta of 1.07. 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 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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