Clarkston Capital Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,634 shares of the company’s stock, valued at approximately $505,000.
Several other hedge funds have also recently added to or reduced their stakes in RSP. Cary Street Partners Investment Advisory LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after purchasing an additional 51 shares during the last quarter. Pacific Point Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% in the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after acquiring an additional 52 shares in the last quarter. Drucker Wealth 3.0 LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.3% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after acquiring an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after acquiring an additional 55 shares in the last quarter. Finally, Battery Global Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after acquiring an additional 55 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Up 0.9%
Invesco S&P 500 Equal Weight ETF stock opened at $211.65 on Friday. The business has a 50 day moving average price of $203.40 and a two-hundred day moving average price of $198.74. The stock has a market cap of $91.31 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12 month low of $175.98 and a 12 month high of $212.12.
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.
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
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.
