Saxon Interests Inc. increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 40.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,779 shares of the company’s stock after purchasing an additional 515 shares during the period. Saxon Interests Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $312,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eastern Bank purchased a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares in the last quarter. GHP Investment Advisors Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the period. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $29,000. Finally, Riggs Asset Managment Co. Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 146.7% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock valued at $33,000 after purchasing an additional 110 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Up 0.6 %
NYSEARCA RSP opened at $180.26 on Friday. The stock’s 50 day moving average is $180.70 and its 200 day moving average is $175.81. The firm has a market capitalization of $60.37 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.16 and a twelve month high of $188.16.
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).
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- What is MarketRank™? How to Use it
- TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises
- How to Buy Cheap Stocks Step by Step
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside
- How to invest in marijuana stocks in 7 steps
- Top Growth Picks: 3 Low-Cost Stocks That Could Double in Value
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).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
