158,782 Shares in Invesco S&P 500 Equal Weight ETF $RSP Purchased by OP Asset Management Ltd

OP Asset Management Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 158,782 shares of the company’s stock, valued at approximately $30,473,000.

Other institutional investors also recently bought and sold shares of the company. NBZ Investment Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $26,000. Dorato Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $26,000. Aviso Financial Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $28,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $29,000. Finally, Hurley Capital LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.

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

RSP stock opened at $210.38 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $178.60 and a 52 week high of $214.30. The firm has a 50-day simple moving average of $205.75 and a 200-day simple moving average of $199.94. The stock has a market capitalization of $90.76 billion, a P/E ratio of 20.10 and a beta of 0.91.

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). 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.