Bristlecone Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 182 shares of the company’s stock, valued at approximately $33,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. SteelPeak Wealth LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 37.0% during the 1st quarter. SteelPeak Wealth LLC now owns 4,828 shares of the company’s stock worth $818,000 after purchasing an additional 1,303 shares during the last quarter. Panoramic Investment Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 20.0% during the 1st quarter. Panoramic Investment Advisors LLC now owns 3,210 shares of the company’s stock worth $544,000 after purchasing an additional 535 shares during the period. Woodmont Investment Counsel LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $178,000. Capital Advisors Ltd. LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.5% in the 1st quarter. Capital Advisors Ltd. LLC now owns 84,428 shares of the company’s stock valued at $14,300,000 after acquiring an additional 2,049 shares in the last quarter. Finally, Buffington Mohr McNeal boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 43.2% in the first quarter. Buffington Mohr McNeal now owns 37,913 shares of the company’s stock valued at $6,421,000 after purchasing an additional 11,437 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %
Shares of RSP opened at $178.11 on Monday. The company has a market cap of $59.66 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $182.22. The firm’s 50 day moving average price is $176.50 and its 200 day moving average price is $169.29.
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).
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Using the MarketBeat Stock Split Calculator
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- There Are Different Types of Stock To Invest In
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- The 3 Best Blue-Chip Stocks to Buy Now
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
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.