Quartz Partners LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,359 shares of the company’s stock, valued at approximately $837,000.
Other institutional investors also recently bought and sold shares of the company. Dorato Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $26,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $29,000. Hurley Capital LLC increased its stake in shares of 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 during the period. Basepoint Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $42,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA:RSP opened at $215.06 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $216.37. The company has a 50-day moving average of $209.39 and a 200 day moving average of $202.27. The firm has a market cap of $96.58 billion, a PE ratio of 20.10 and a beta of 0.91.
Invesco S&P 500 Equal Weight ETF 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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