Signaturefd LLC Acquires 9,193 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Signaturefd LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, Holdings Channel reports. The firm acquired 9,193 shares of the company’s stock, valued at approximately $1,912,000.

Other hedge funds have also made changes to their positions in the company. Weaver Consulting Group increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.5% in the 3rd quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock valued at $669,000 after purchasing an additional 48 shares in the last quarter. Sage Capital Advisors llc lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the third quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock worth $512,000 after purchasing an additional 48 shares in the last quarter. Charis Legacy Partners LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock worth $2,294,000 after purchasing an additional 49 shares in the last quarter. Canvas Wealth Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock worth $930,000 after buying an additional 50 shares during the period. Finally, Tenon Financial LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.0% in the third quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock worth $1,079,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $217.29 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43. The company has a market capitalization of $99.69 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The business has a 50-day moving average of $215.35 and a 200-day moving average of $207.21.

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.