Diversify Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,072 shares of the company’s stock, valued at approximately $879,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Ironwood Wealth Management LLC. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.5% during the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock worth $3,989,000 after buying an additional 2,317 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $1,298,000. XTX Topco Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $296,000. Thrivent Financial for Lutherans lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 24.8% in the second quarter. Thrivent Financial for Lutherans now owns 16,307 shares of the company’s stock worth $2,679,000 after purchasing an additional 3,237 shares in the last quarter. Finally, Providence Capital Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 334.3% in the second quarter. Providence Capital Advisors LLC now owns 456 shares of the company’s stock worth $75,000 after purchasing an additional 351 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of NYSEARCA RSP opened at $182.13 on Wednesday. The business has a 50-day moving average of $180.44 and a 200-day moving average of $176.24. The stock has a market capitalization of $61.00 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 $155.79 and a fifty-two week high of $188.16.
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).
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