Hamilton Wealth LLC Invests $1.19 Million in Invesco S&P 500 Equal Weight ETF $RSP

Hamilton Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,210 shares of the company’s stock, valued at approximately $1,192,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Banta Asset Management LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $1,654,000. Allen Investment Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 32.8% during the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after acquiring an additional 35,220 shares during the period. Vise Technologies Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 144.2% during the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock valued at $968,000 after acquiring an additional 2,983 shares during the period. Financial Guidance Group Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 13.2% in the 4th quarter. Financial Guidance Group Inc. now owns 35,947 shares of the company’s stock valued at $6,886,000 after acquiring an additional 4,197 shares in the last quarter. Finally, Capital Investment Advisory Services LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 67.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 70,925 shares of the company’s stock valued at $13,586,000 after acquiring an additional 28,586 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $215.73 on Thursday. The company has a 50 day moving average price of $211.33 and a 200 day moving average price of $203.53. Invesco S&P 500 Equal Weight ETF has a 52 week low of $179.94 and a 52 week high of $218.11. The firm has a market capitalization of $97.76 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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.