Biondo Investment Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,842 shares of the company’s stock after purchasing an additional 114 shares during the quarter. Biondo Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,900,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the stock. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $29,000. Bank of Montreal Can raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 22.5% during the 3rd quarter. Bank of Montreal Can now owns 199,711 shares of the company’s stock worth $35,734,000 after buying an additional 36,648 shares during the last quarter. FMR LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 12.2% in the 3rd quarter. FMR LLC now owns 96,516 shares of the company’s stock worth $17,295,000 after buying an additional 10,513 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $38,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 253.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 74,781 shares of the company’s stock valued at $13,398,000 after acquiring an additional 53,621 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Down 1.5 %
Shares of RSP opened at $171.80 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The stock has a market cap of $71.57 billion, a P/E ratio of 20.93 and a beta of 1.07. The company has a 50-day moving average of $178.34 and a two-hundred day moving average of $179.10.
Invesco S&P 500 Equal Weight ETF Announces Dividend
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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