Birmingham Capital Management Co. Inc. AL lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.8% in the 1st quarter, Holdings Channel reports. The firm owned 3,000 shares of the company’s stock after selling 120 shares during the period. Birmingham Capital Management Co. Inc. AL’s holdings in Invesco S&P 500 Equal Weight ETF were worth $520,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Uniplan Investment Counsel Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $26,000. Richardson Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $30,000. OLD Second National Bank of Aurora bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $31,000. Mattson Financial Services LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $35,000. Finally, Olde Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $37,000. 61.18% of the stock is currently owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Trading Down 0.1%
Invesco S&P 500 Equal Weight ETF stock opened at $187.52 on Thursday. The firm has a 50-day moving average price of $185.77 and a 200-day moving average price of $177.58. The firm has a market capitalization of $74.33 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $189.99.
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).
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Part of the Club: Robinhood & AppLovin Soar on S&P 500 Inclusion
- 3 Stocks to Consider Buying in October
- Despite Pullback, Rocket Lab Still Looks Primed for a Breakout
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Analyst Upgrades Strengthen Microsoft’s Long-Term Outlook
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
