Vanguard Capital Wealth Advisors Takes $274,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Vanguard Capital Wealth Advisors acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,734 shares of the company’s stock, valued at approximately $274,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RSP. Morgan Stanley lifted its position in Invesco S&P 500 Equal Weight ETF by 12.8% during the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after purchasing an additional 2,153,993 shares during the period. Truist Financial Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock valued at $1,107,273,000 after purchasing an additional 112,526 shares during the period. UBS Group AG lifted its position in Invesco S&P 500 Equal Weight ETF by 17.4% during the third quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock valued at $842,867,000 after purchasing an additional 880,506 shares during the period. Invesco Ltd. lifted its position in Invesco S&P 500 Equal Weight ETF by 15.6% during the third quarter. Invesco Ltd. now owns 4,521,037 shares of the company’s stock valued at $640,586,000 after purchasing an additional 609,306 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 70.7% during the third quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock valued at $528,915,000 after purchasing an additional 1,545,894 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP traded down $2.36 on Tuesday, reaching $161.20. 4,935,198 shares of the company’s stock traded hands, compared to its average volume of 6,541,681. The firm has a market cap of $54.73 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. The stock has a 50 day moving average price of $164.18 and a 200-day moving average price of $155.38. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80.

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).