Astra Wealth Partners LLC Purchases 2,948 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Astra Wealth Partners LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,663 shares of the company’s stock after acquiring an additional 2,948 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.3% of Astra Wealth Partners LLC’s holdings, making the stock its 19th biggest position. Astra Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,238,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Dorato Capital Management acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $26,000. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $29,000. Hurley Capital LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after buying an additional 118 shares during the last quarter. Basepoint Wealth LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $42,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $213.37 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $216.37. The firm has a market capitalization of $95.81 billion, a PE ratio of 20.10 and a beta of 0.91. The business’s 50-day simple moving average is $209.58 and its 200 day simple moving average is $202.35.

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.