Litman Gregory Wealth Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 12,086 shares of the company’s stock after buying an additional 422 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,197,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also modified their holdings of RSP. Nova Wealth Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $26,000. Richardson Capital Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $30,000. OLD Second National Bank of Aurora bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $31,000. Finally, Howe & Rusling Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Performance
RSP stock opened at $191.25 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30. The stock has a market capitalization of $75.17 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The stock’s fifty day moving average is $187.22 and its two-hundred day moving average is $179.19.
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).
Featured Articles
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Canadian Penny Stocks: Can They Make You Rich?
- 3 Cybersecurity Stocks Poised for Long-Term Growth
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- 3 Defense Stocks Surging as Ukraine Tensions Deepen
- ETF Screener: Uses and Step-by-Step Guide
- Starbucks Stock Slumps; This Competitor Shows Strength
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.
