MLP3 LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 27,632 shares of the company’s stock, valued at approximately $5,293,000. Invesco S&P 500 Equal Weight ETF makes up approximately 5.8% of MLP3 LLC’s portfolio, making the stock its 2nd biggest holding.
Other large investors have also modified their holdings of the company. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $26,000. NBZ Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Aviso Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. Goodman Advisory Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $35,000. Finally, Basepoint Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $40,000. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Price Performance
RSP opened at $211.65 on Monday. The firm has a market cap of $91.31 billion, a PE ratio of 20.10 and a beta of 0.91. The business has a fifty day simple moving average of $203.40 and a 200-day simple moving average of $198.83. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $212.12.
About Invesco S&P 500 Equal Weight ETF
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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