SBI Securities Co. Ltd. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the fourth quarter, Holdings Channel.com reports. The firm bought 549 shares of the company’s stock, valued at approximately $96,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its stake in Invesco S&P 500 Equal Weight ETF by 93.6% during the 4th quarter. Jones Financial Companies Lllp now owns 110,290 shares of the company’s stock valued at $19,326,000 after purchasing an additional 53,310 shares during the period. Modera Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 818.0% during the 4th quarter. Modera Wealth Management LLC now owns 51,240 shares of the company’s stock valued at $8,979,000 after purchasing an additional 45,658 shares during the period. Bailard Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 211.3% during the 4th quarter. Bailard Inc. now owns 48,089 shares of the company’s stock valued at $8,427,000 after purchasing an additional 32,640 shares during the period. IFG Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 35.7% during the 4th quarter. IFG Advisors LLC now owns 2,482 shares of the company’s stock valued at $435,000 after purchasing an additional 653 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 50.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 549 shares of the company’s stock valued at $96,000 after purchasing an additional 184 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Up 0.9 %
Invesco S&P 500 Equal Weight ETF stock opened at $176.69 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The firm has a market capitalization of $73.45 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. The firm has a 50-day moving average price of $179.07 and a two-hundred day moving average price of $179.13.
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).
Further Reading
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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