Dana Investment Advisors Inc. reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 18.4% during the 4th quarter, HoldingsChannel reports. The fund owned 11,640 shares of the company’s stock after selling 2,623 shares during the period. Dana Investment Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,230,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. Hills Bank & Trust Co grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.8% during the fourth quarter. Hills Bank & Trust Co now owns 2,263 shares of the company’s stock valued at $434,000 after buying an additional 144 shares during the last quarter. AlphaCore Capital LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 622.2% in the fourth quarter. AlphaCore Capital LLC now owns 593,537 shares of the company’s stock valued at $113,698,000 after purchasing an additional 511,351 shares during the period. IMG Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $54,000. Paulson Wealth Management Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 80.3% during the fourth quarter. Paulson Wealth Management Inc. now owns 22,896 shares of the company’s stock worth $4,386,000 after buying an additional 10,196 shares during the period. Finally, Wealth Advisors of Iowa LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.5% during the fourth quarter. Wealth Advisors of Iowa LLC now owns 149,982 shares of the company’s stock worth $28,731,000 after buying an additional 810 shares during the period. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Price Performance
Invesco S&P 500 Equal Weight ETF stock opened at $201.56 on Monday. The business has a fifty day moving average of $197.89 and a two-hundred day moving average of $195.95. The firm has a market cap of $86.95 billion, a P/E ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a twelve month low of $173.00 and a twelve month high of $205.53.
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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.
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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).
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