Boston Trust Walden Corp purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 21,321 shares of the company’s stock, valued at approximately $4,435,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sageworth Trust Co bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $8,343,000. Chicago Partners Investment Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $3,604,000. Jmac Enterprises LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.9% during the 3rd quarter. Jmac Enterprises LLC now owns 7,074 shares of the company’s stock worth $1,472,000 after acquiring an additional 65 shares in the last quarter. Basso Capital Management L.P. purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $17,236,000. Finally, Cordgrass Capital Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 2.7% during the third quarter. Cordgrass Capital Advisors LLC now owns 26,069 shares of the company’s stock valued at $5,423,000 after acquiring an additional 685 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA:RSP traded down $0.82 during mid-day trading on Friday, hitting $216.05. 13,096,930 shares of the company’s stock traded hands, compared to its average volume of 11,916,534. The company has a market capitalization of $100.26 billion, a P/E ratio of 20.10 and a beta of 0.91. The company has a fifty day moving average of $214.78 and a 200 day moving average of $208.27. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve 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.
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