Strathmore Capital Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 1,427 shares of the company’s stock, valued at approximately $250,000.
A number of other large investors have also made changes to their positions in RSP. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $28,000. GHP Investment Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $29,000. Richardson Financial Services Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $33,000.
Invesco S&P 500 Equal Weight ETF Stock Down 0.3 %
Shares of NYSEARCA:RSP traded down $0.55 on Tuesday, reaching $175.65. 6,386,285 shares of the company’s stock were exchanged, compared to its average volume of 7,205,355. The business’s 50-day moving average is $181.07 and its two-hundred day moving average is $175.35. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The firm has a market capitalization of $58.83 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.
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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