One Day In July LLC Has $59.21 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

One Day In July LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 308,508 shares of the company’s stock after acquiring an additional 15,232 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 4.7% of One Day In July LLC’s investment portfolio, making the stock its 8th biggest position. One Day In July LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $59,209,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of RSP. Frisch Financial Group Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.8% during the first quarter. Frisch Financial Group Inc. now owns 159,496 shares of the company’s stock valued at $30,610,000 after purchasing an additional 1,311 shares during the last quarter. Independent Financial Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $8,325,000. Prosperity Consulting Group LLC raised its position in Invesco S&P 500 Equal Weight ETF by 11.2% in the 1st quarter. Prosperity Consulting Group LLC now owns 3,167 shares of the company’s stock worth $608,000 after purchasing an additional 318 shares during the last quarter. Quartz Partners LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $837,000. Finally, Vectors Research Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 1.3% during the 1st quarter. Vectors Research Management LLC now owns 128,257 shares of the company’s stock worth $24,615,000 after buying an additional 1,638 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $215.06 on Friday. The business’s fifty day moving average price is $209.39 and its two-hundred day moving average price is $202.27. The firm has a market capitalization of $96.58 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $179.94 and a 52 week high of $216.37.

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.