Flow Traders U.S. LLC Invests $2.81 Million in Invesco S&P 500 Equal Weight ETF $RSP

Flow Traders U.S. LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,796 shares of the company’s stock, valued at approximately $2,807,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $26,000. Aviso Financial Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000. Investment Counsel Co. of Nevada purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $29,000. Tompkins Financial Corp bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $32,000. Finally, IMA Advisory Services Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

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

RSP stock opened at $194.96 on Tuesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24. The stock has a market capitalization of $80.85 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm’s fifty day simple moving average is $199.87 and its two-hundred day simple moving average is $193.24.

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.