TD Waterhouse Canada Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 15.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 168,478 shares of the company’s stock after purchasing an additional 22,253 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $35,950,000 as of its most recent filing with the SEC.
Several other hedge funds also recently added to or reduced their stakes in RSP. Brandywine Financial Group raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after purchasing an additional 121 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000. Hurley Capital LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 200.0% during 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 approximately $36,000. Finally, Basepoint Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $40,000. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Down 0.5%
Shares of RSP stock opened at $219.00 on Friday. The company has a market cap of $98.97 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The business has a 50 day moving average of $217.21 and a two-hundred day moving average of $207.38.
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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