Stonebridge Financial Group LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 9.3% during the 2nd quarter, Holdings Channel reports. The firm owned 2,512 shares of the company’s stock after buying an additional 214 shares during the period. Stonebridge Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $457,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Nova Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $26,000. Richardson Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $30,000. OLD Second National Bank of Aurora purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $31,000. Finally, Howe & Rusling Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP opened at $185.12 on Friday. The company has a market capitalization of $72.28 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The company’s 50 day simple moving average is $187.69 and its 200 day simple moving average is $179.63. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30.
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).
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Insider Trades May Not Tell You What You Think
- 3 Heavily Shorted Stocks That Could Pop on Rate Cuts
- How to Calculate Return on Investment (ROI)
- Broadcom Gets Second $420 Target as CPO Win Boosts Outlook
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- PepsiCo’s Deep Discount Will Soon Evaporate: Buy It While You Can
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.
