Mather Group LLC. acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the third quarter, HoldingsChannel reports. The firm acquired 13,455 shares of the company’s stock, valued at approximately $2,799,000.
Other hedge funds have also recently made changes to their positions in the company. Venture Visionary Partners LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 1.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after purchasing an additional 5,887 shares during the period. Rhodes Investment Advisors Inc. ADV bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $794,000. NewEdge Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 16.9% in the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock valued at $112,364,000 after purchasing an additional 76,324 shares during the last quarter. Marino Stram & Associates LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.0% in the first quarter. Marino Stram & Associates LLC now owns 29,979 shares of the company’s stock worth $5,754,000 after buying an additional 2,465 shares during the period. Finally, Corient Private Wealth LP increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock worth $84,412,000 after buying an additional 58,956 shares during the period. 61.18% of the stock is currently owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Up 1.4%
NYSEARCA:RSP opened at $215.00 on Friday. The company has a fifty day moving average of $215.93 and a 200 day moving average of $210.35. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The firm has a market capitalization of $98.68 billion, a P/E ratio of 20.10 and a beta of 0.92.
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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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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