Renaissance Technologies LLC Makes New $1.30 Million Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Renaissance Technologies LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 7,900 shares of the company’s stock, valued at approximately $1,298,000.

Several other large investors have also recently bought and sold shares of RSP. VitalStone Financial LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $303,000. Optimum Investment Advisors grew its holdings in Invesco S&P 500 Equal Weight ETF by 95.5% in the first quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock valued at $368,000 after purchasing an additional 1,060 shares during the last quarter. Tran Capital Management L.P. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $434,000. Regal Wealth Group Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 653.6% in the fourth quarter. Regal Wealth Group Inc. now owns 19,540 shares of the company’s stock valued at $3,034,000 after purchasing an additional 16,947 shares during the last quarter. Finally, Destination Wealth Management grew its holdings in Invesco S&P 500 Equal Weight ETF by 5.1% in the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock valued at $328,000 after purchasing an additional 96 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $178.57 on Friday. The firm has a market capitalization of $59.81 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $179.94. The stock’s fifty day moving average is $172.93 and its two-hundred day moving average is $167.97.

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).