GM Advisory Group LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 12.1% in the 4th quarter, Holdings Channel reports. The firm owned 20,922 shares of the company’s stock after acquiring an additional 2,252 shares during the quarter. GM Advisory Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,666,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Beta Wealth Group Inc. increased its stake in shares of 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 worth $440,000 after acquiring an additional 150 shares during the last quarter. Tidemark LLC increased its stake in shares of 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 worth $76,000 after acquiring an additional 103 shares during the last quarter. Ceera Investments LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $267,000. Sandy Cove Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $222,000. Finally, Permanent Capital Management LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $25,956,000.
Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %
Shares of RSP opened at $174.08 on Wednesday. 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 market capitalization of $72.52 billion, a PE ratio of 20.93 and a beta of 1.07. The stock has a fifty day simple moving average of $178.68 and a two-hundred day simple moving average of $179.10.
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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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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