Delta Financial Group Inc. raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.3% during the fourth quarter, Holdings Channel reports. The fund owned 3,953 shares of the company’s stock after buying an additional 125 shares during the period. Delta Financial Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $693,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. SJS Investment Consulting Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after purchasing an additional 88 shares during the last quarter. Van ECK Associates Corp raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the period. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000. FPC Investment Advisory Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $28,000. Finally, Richardson Financial Services Inc. grew its stake in shares of 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 worth $29,000 after acquiring an additional 83 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $179.82 on Friday. The stock has a market capitalization of $60.23 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The stock’s 50-day simple moving average is $178.93 and its 200 day simple moving average is $178.44.
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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