Procyon Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 8.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,796 shares of the company’s stock after acquiring an additional 987 shares during the period. Procyon Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,217,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. FPC Investment Advisory Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $28,000. Van ECK Associates Corp increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares during the last quarter. Cambridge Financial Group Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $28,000. Bridge Generations Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000. Finally, Joseph Group Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $29,000.
Invesco S&P 500 Equal Weight ETF Trading Up 0.9%
Invesco S&P 500 Equal Weight ETF stock opened at $178.69 on Friday. The firm has a market capitalization of $72.23 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16. The firm has a 50 day simple moving average of $169.94 and a 200 day simple moving average of $175.93.
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).
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