Matthew Goff Investment Advisor LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 70,422 shares of the company’s stock, valued at approximately $14,984,000. Invesco S&P 500 Equal Weight ETF comprises about 2.5% of Matthew Goff Investment Advisor LLC’s investment portfolio, making the stock its 12th largest position.
Several other institutional investors and hedge funds have also recently bought and sold shares of RSP. Brandywine Financial Group lifted its holdings in Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $29,000. Hurley Capital LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter. Asset Dedication LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $36,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $40,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Down 0.5%
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $218.58 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $221.09. The firm has a market capitalization of $98.78 billion, a PE ratio of 20.10 and a beta of 0.91. The stock’s fifty day moving average is $212.63 and its 200-day moving average is $204.35.
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). 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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