Mizuho Markets Americas LLC Invests $950,000 in Invesco S&P 500 Equal Weight ETF $RSP

Mizuho Markets Americas LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 1st quarter, Holdings Channel reports. The fund bought 4,950 shares of the company’s stock, valued at approximately $950,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Gibbs Wealth Management increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.0% during the first quarter. Gibbs Wealth Management now owns 1,809 shares of the company’s stock worth $347,000 after purchasing an additional 69 shares during the period. Alamar Capital Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $226,000. Davis R M Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.9% in the 1st quarter. Davis R M Inc. now owns 14,312 shares of the company’s stock valued at $2,747,000 after purchasing an additional 268 shares during the period. Lido Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.2% in the 1st quarter. Lido Advisors LLC now owns 134,575 shares of the company’s stock valued at $25,825,000 after purchasing an additional 1,601 shares during the period. Finally, GSG Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 62.4% in the 1st quarter. GSG Advisors LLC now owns 8,137 shares of the company’s stock valued at $1,562,000 after purchasing an additional 3,126 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $211.92 on Friday. The firm has a market cap of $94.99 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The stock’s fifty day moving average price is $210.29 and its two-hundred day moving average price is $202.98. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $216.37.

Invesco S&P 500 Equal Weight ETF 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.