Yelin Lapidot Holdings Management Ltd. reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 8.5% in the 1st quarter, HoldingsChannel reports. The firm owned 56,190 shares of the company’s stock after selling 5,200 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 2.2% of Yelin Lapidot Holdings Management Ltd.’s portfolio, making the stock its 12th biggest position. Yelin Lapidot Holdings Management Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,784,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. NBZ Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $26,000. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $26,000. Aviso Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $29,000. Finally, Hurley Capital LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP stock opened at $210.31 on Monday. The firm has a market capitalization of $90.73 billion, a PE ratio of 20.10 and a beta of 0.91. The firm has a fifty day simple moving average of $206.21 and a two-hundred day simple moving average of $200.21. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $214.30.
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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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).
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