Yelin Lapidot Holdings Management Ltd. Has $10.78 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Yelin Lapidot Holdings Management Ltd. decreased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,190 shares of the company’s stock after selling 5,200 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 2.2% of Yelin Lapidot Holdings Management Ltd.’s holdings, making the stock its 12th biggest holding. Yelin Lapidot Holdings Management Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,784,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dorato Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $26,000. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $26,000. Aviso Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $29,000. Finally, Hurley Capital LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $210.31 on Monday. The firm has a market cap of $90.73 billion, a PE ratio of 20.10 and a beta of 0.91. The stock has a 50-day moving average price of $206.21 and a 200-day moving average price of $200.21. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $214.30.

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.