Arrowroot Family Office LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 5,961 shares of the company’s stock, valued at approximately $1,083,000.
Several other large investors have also recently added to or reduced their stakes in RSP. Brighton Jones LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $83,931,000. Bison Wealth LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares in the last quarter. Capital Advisors Inc. OK raised its holdings in Invesco S&P 500 Equal Weight ETF by 44.3% during the first quarter. Capital Advisors Inc. OK now owns 3,822 shares of the company’s stock worth $662,000 after purchasing an additional 1,173 shares in the last quarter. Finally, Financial Counselors Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 14.7% during the first quarter. Financial Counselors Inc. now owns 10,686 shares of the company’s stock worth $1,851,000 after purchasing an additional 1,367 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Trading Down 0.7%
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $186.23 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.33. The stock has a market cap of $72.03 billion, a PE ratio of 20.10 and a beta of 0.99. The company has a 50-day moving average of $188.85 and a two-hundred day moving average of $182.85.
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).
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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).
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