Copos Capital S.a r.l. bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 90,656 shares of the company’s stock, valued at approximately $17,366,000. Invesco S&P 500 Equal Weight ETF makes up approximately 12.0% of Copos Capital S.a r.l.’s investment portfolio, making the stock its 2nd largest position.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Brookstone Capital Management boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after buying an additional 6,481 shares in the last quarter. Banta Asset Management LP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $1,654,000. Allen Investment Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 32.8% during the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after acquiring an additional 35,220 shares in the last quarter. Empirical Asset Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 417.0% during the third quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock worth $2,190,000 after acquiring an additional 9,311 shares in the last quarter. Finally, Tennessee Valley Asset Management Partners bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $777,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $209.96 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $175.98 and a 52-week high of $214.30. The stock has a market capitalization of $90.58 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The company has a fifty day moving average of $204.81 and a 200-day moving average of $199.40.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
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.
