Private Advisory Group LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 21.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,328 shares of the company’s stock after acquiring an additional 3,827 shares during the quarter. Private Advisory Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,437,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of RSP. Russell Investments Group Ltd. boosted its stake in Invesco S&P 500 Equal Weight ETF by 36.7% in the third quarter. Russell Investments Group Ltd. now owns 9,214 shares of the company’s stock valued at $1,917,000 after acquiring an additional 2,472 shares during the last quarter. Coston McIsaac & Partners grew its position in shares of Invesco S&P 500 Equal Weight ETF by 48.1% during the 3rd quarter. Coston McIsaac & Partners now owns 197 shares of the company’s stock valued at $41,000 after acquiring an additional 64 shares during the period. CENTRAL TRUST Co bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $92,822,000. CVS HEALTH Corp bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $4,576,000. Finally, Ndwm LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.1% during the 3rd quarter. Ndwm LLC now owns 80,186 shares of the company’s stock worth $16,680,000 after purchasing an additional 3,165 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Down 0.9%
Shares of RSP stock opened at $220.72 on Friday. The firm has a market cap of $104.14 billion, a P/E ratio of 20.90 and a beta of 0.91. The company has a 50 day moving average of $214.96 and a 200-day moving average of $208.71. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $224.20.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
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.
