CHURCHILL MANAGEMENT Corp decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 9.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,127 shares of the company’s stock after selling 2,770 shares during the quarter. CHURCHILL MANAGEMENT Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,526,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Cambridge Financial Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $28,000. Joseph Group Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000. Bridge Generations Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000. Richardson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $30,000. Finally, OLD Second National Bank of Aurora purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $31,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
RSP opened at $181.74 on Tuesday. The stock has a market capitalization of $72.01 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $188.16. The business’s 50 day moving average price is $175.49 and its 200 day moving average price is $175.09.
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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