TCTC Holdings LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm bought 610 shares of the company’s stock, valued at approximately $107,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. SJS Investment Consulting Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the period. Van ECK Associates Corp lifted its stake in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares during the period. FPC Investment Advisory Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $28,000. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $29,000. Finally, Hemington Wealth Management lifted its stake in Invesco S&P 500 Equal Weight ETF by 84.0% in the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after acquiring an additional 84 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Up 1.3 %
Shares of RSP stock opened at $174.99 on Tuesday. The stock has a fifty day moving average of $178.71 and a 200 day moving average of $179.11. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The firm has a market capitalization of $72.90 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.
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).
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Most active stocks: Dollar volume vs share volume
- Can TikTok Stock Picks Really Make You Rich?
- How to Invest in Blue Chip Stocks
- The “Quality” Rotation: Back to Basics Investing
- 3 REITs to Buy and Hold for the Long Term
- Occidental Petroleum: 4 Reasons to Love These Prices
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).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.