B.O.S.S. Retirement Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,136 shares of the company’s stock, valued at approximately $206,000.
Several other institutional investors also recently bought and sold shares of the stock. Nova Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at $25,000. Uniplan Investment Counsel Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $26,000. Richardson Capital Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $30,000. OLD Second National Bank of Aurora bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $31,000. Finally, Howe & Rusling Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after purchasing an additional 124 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Up 0.2%
RSP stock opened at $190.58 on Friday. The company has a fifty day simple moving average of $187.15 and a two-hundred day simple moving average of $179.02. The firm has a market capitalization of $75.55 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $190.95.
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).
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