Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 10.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 53,739 shares of the company’s stock after purchasing an additional 5,024 shares during the quarter. Kayne Anderson Rudnick Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,414,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in RSP. SJS Investment Consulting Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares during the last quarter. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $28,000. Van ECK Associates Corp raised its stake in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the period. Cambridge Financial Group Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $28,000. Finally, Bridge Generations Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $29,000.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA:RSP opened at $159.39 on Tuesday. The company has a market cap of $66.30 billion, a P/E ratio of 19.70 and a beta of 1.01. The firm’s fifty day moving average price is $171.77 and its two-hundred day moving average price is $177.37. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $188.16.
About Invesco S&P 500 Equal Weight ETF
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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