Segall Bryant & Hamill LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 61,832 shares of the company’s stock, valued at approximately $12,154,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Cadia Private Client LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 14.0% during the first quarter. Cadia Private Client LLC now owns 1,648 shares of the company’s stock worth $316,000 after purchasing an additional 203 shares during the period. Arete Wealth Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.6% during the first quarter. Arete Wealth Advisors LLC now owns 202,900 shares of the company’s stock worth $38,913,000 after buying an additional 10,670 shares during the last quarter. RMR Capital Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 5.7% during the 1st quarter. RMR Capital Management LLC now owns 24,449 shares of the company’s stock worth $4,692,000 after buying an additional 1,320 shares during the period. Leigh Baldwin & CO. LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 79.2% during the 1st quarter. Leigh Baldwin & CO. LLC now owns 8,297 shares of the company’s stock worth $1,592,000 after buying an additional 3,666 shares during the period. Finally, Norris Financial Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $233,000. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA:RSP opened at $215.01 on Monday. The company has a 50 day moving average price of $211.72 and a two-hundred day moving average price of $203.78. The company has a market capitalization of $97.26 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $179.94 and a 52 week high of $218.11.
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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.
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