Ted Buchan & Co boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 132.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,989 shares of the company’s stock after acquiring an additional 2,841 shares during the period. Ted Buchan & Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $956,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $83,931,000. Bison Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after acquiring an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $11,553,000. Finally, Gamco Investors INC. ET AL bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $279,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $209.25 on Thursday. The company has a 50-day moving average of $200.87 and a 200 day moving average of $197.65. The firm has a market cap of $90.27 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 1 year low of $175.98 and a 1 year high of $210.12.
Invesco S&P 500 Equal Weight ETF Company 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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