Dover Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,590 shares of the company’s stock, valued at approximately $688,000.
Several other large investors have also recently bought and sold shares of RSP. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $26,000. Dorato Capital Management bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $26,000. Aviso Financial Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. IMA Advisory Services Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $33,000. Finally, Goodman Advisory Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $35,000. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Up 0.4%
Invesco S&P 500 Equal Weight ETF stock opened at $210.04 on Wednesday. The stock has a market cap of $90.61 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 $175.93 and a twelve month high of $210.12. The company’s 50-day moving average price is $200.12 and its two-hundred day moving average price is $197.36.
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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