Performa Ltd US LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 72,043 shares of the company’s stock after buying an additional 2,331 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.3% of Performa Ltd US LLC’s investment portfolio, making the stock its 8th biggest position. Performa Ltd US LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,329,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Banta Asset Management LP bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $1,654,000. Allen Investment Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 32.8% in the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after purchasing an additional 35,220 shares during the last quarter. Vise Technologies Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 144.2% in the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock valued at $968,000 after purchasing an additional 2,983 shares in the last quarter. CBIZ Investment Advisory Services LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 20.4% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 257,030 shares of the company’s stock valued at $49,137,000 after purchasing an additional 43,580 shares in the last quarter. Finally, Madison Asset Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $858,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA RSP opened at $216.73 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43. The company has a market capitalization of $97.94 billion, a P/E ratio of 20.10 and a beta of 0.91. The company has a fifty day moving average of $217.41 and a 200-day moving average of $207.62.
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.
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