Crumly & Associates Inc. lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 12.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,206 shares of the company’s stock after selling 3,315 shares during the quarter. Crumly & Associates Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,827,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently modified their holdings of RSP. Highland Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $29,000. Brandywine Financial Group raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after buying an additional 121 shares during the last quarter. Hurley Capital LLC boosted 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 purchasing an additional 118 shares in the last quarter. Finally, Rogco LP acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $34,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Down 0.7%
Shares of Invesco S&P 500 Equal Weight ETF stock traded down $1.50 during mid-day trading on Wednesday, hitting $210.84. The stock had a trading volume of 4,005,314 shares, compared to its average volume of 12,076,417. The firm has a 50-day moving average of $216.59 and a two-hundred day moving average of $209.30. The firm has a market cap of $95.95 billion, a P/E ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43.
About Invesco S&P 500 Equal Weight ETF
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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