Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Gainplan LLC

Gainplan LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,228 shares of the company’s stock after purchasing an additional 3,160 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 2.9% of Gainplan LLC’s investment portfolio, making the stock its 6th biggest position. Gainplan LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,283,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in RSP. Brandywine Financial Group lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after buying an additional 121 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $29,000. Hurley Capital LLC increased its position in Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares during the period. Asset Dedication LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $36,000. Finally, Basepoint Wealth LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $40,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2%

NYSEARCA RSP opened at $219.73 on Thursday. The company has a market capitalization of $99.30 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $221.09. The firm has a 50-day moving average price of $212.42 and a two-hundred day moving average price of $204.21.

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). 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.