Hamilton Wealth LLC Invests $596,000 in Invesco S&P 500 Equal Weight ETF $RSP

Hamilton Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the first quarter, Holdings Channel.com reports. The fund bought 3,105 shares of the company’s stock, valued at approximately $596,000.

A number of other large investors have also added to or reduced their stakes in RSP. Sapient Capital LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 6.4% in the first quarter. Sapient Capital LLC now owns 245,151 shares of the company’s stock valued at $47,049,000 after purchasing an additional 14,702 shares during the period. J. R. Prunier Capital Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 1st quarter. J. R. Prunier Capital Management LLC now owns 56,515 shares of the company’s stock worth $10,846,000 after buying an additional 200 shares during the last quarter. Curry Webb Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $1,369,000. FAS Wealth Partners Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 1st quarter. FAS Wealth Partners Inc. now owns 477,901 shares of the company’s stock worth $91,719,000 after buying an additional 19,233 shares during the period. Finally, Farmers National Bank grew its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the 1st quarter. Farmers National Bank now owns 15,233 shares of the company’s stock valued at $2,924,000 after buying an additional 365 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $215.01 on Monday. The firm has a market cap of $97.26 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $179.94 and a 52 week high of $218.11. The firm’s 50-day simple moving average is $211.72 and its 200 day simple moving average is $203.78.

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). 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.