Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Legacy Wealth Managment LLC ID

Legacy Wealth Managment LLC ID boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 245.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,701 shares of the company’s stock after buying an additional 2,629 shares during the quarter. Legacy Wealth Managment LLC ID’s holdings in Invesco S&P 500 Equal Weight ETF were worth $787,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Nalls Sherbakoff Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $29,000. Brandywine Financial Group increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares during the last quarter. Hurley Capital LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the last quarter. Rogco LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $34,000. Finally, Asset Dedication LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $36,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.7%

RSP stock opened at $220.05 on Friday. The business has a 50 day moving average price of $217.04 and a 200 day moving average price of $207.29. The stock has a market cap of $99.44 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43.

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.