Simon Quick Advisors LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 20.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 2,342 shares of the company’s stock after selling 611 shares during the quarter. Simon Quick Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $406,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Keene & Associates Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after buying an additional 56 shares during the last quarter. Atlantic Union Bankshares Corp increased its holdings in Invesco S&P 500 Equal Weight ETF by 2.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock valued at $501,000 after buying an additional 56 shares during the last quarter. Ingalls & Snyder LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after buying an additional 58 shares during the last quarter. D L Carlson Investment Group Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.3% in the fourth quarter. D L Carlson Investment Group Inc. now owns 4,771 shares of the company’s stock valued at $836,000 after buying an additional 63 shares during the last quarter. Finally, Ironsides Asset Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the fourth quarter. Ironsides Asset Advisors LLC now owns 18,242 shares of the company’s stock valued at $3,197,000 after buying an additional 64 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Down 1.2%
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $177.35 on Friday. The firm has a market cap of $71.69 billion, a P/E ratio of 20.59 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $188.16. The business has a 50-day moving average price of $171.68 and a 200 day moving average price of $175.71.
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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