Alhambra Investment Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 11.6% in the second quarter, HoldingsChannel reports. The institutional investor owned 1,457 shares of the company’s stock after buying an additional 151 shares during the quarter. Alhambra Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $265,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Nova Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $25,000. Uniplan Investment Counsel Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $26,000. Richardson Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $30,000. OLD Second National Bank of Aurora acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $31,000. Finally, Howe & Rusling Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA RSP opened at $188.71 on Wednesday. The firm has a market cap of $74.81 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 $190.54. The stock’s 50 day simple moving average is $186.58 and its 200 day simple moving average is $178.25.
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).
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- 3 Quantum Computing ETFs to Know—And Why 2 Don’t Hold D-Wave
- What Is WallStreetBets and What Stocks Are They Targeting?
- Forget Tariffs, Landstar and West Fraser Can Still Rally
- How to Capture the Benefits of Dividend Increases
- Is Super Micro Next in Line for a Big AI Takeover?
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.
