BIP Wealth LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 38.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,566 shares of the company’s stock after selling 968 shares during the quarter. BIP Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $285,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares in the last quarter. GAMMA Investing LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 21.9% in the first quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock worth $474,000 after purchasing an additional 492 shares during the period. Finally, Pure Financial Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $305,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP stock opened at $191.26 on Friday. The stock has a market cap of $73.85 billion, a PE ratio of 20.10 and a beta of 1.05. The business’s fifty day moving average is $188.66 and its 200-day moving average is $181.32. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30.
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).
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- How to Calculate Stock Profit
- Tractor Supply Stock Looks Like a Buy-and-Hold Winner
- Are Penny Stocks a Good Fit for Your Portfolio?
- 3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound
- Where to Find Earnings Call Transcripts
- Big Banks Are Setting the Tone as Earnings Season Kicks Off
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.
