TD Waterhouse Canada Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 15.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 168,478 shares of the company’s stock after purchasing an additional 22,253 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $35,950,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in RSP. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $29,000. Brandywine Financial Group grew its stake in Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares during the last quarter. Hurley Capital LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares in the last quarter. Asset Dedication LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth $36,000. Finally, Basepoint Wealth LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $40,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA:RSP opened at $219.00 on Friday. The firm has a market cap of $98.97 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43. The firm has a 50 day simple moving average of $217.21 and a 200-day simple moving average of $207.38.
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.
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