27,360 Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 138,952 shares of the company’s stock after purchasing an additional 27,360 shares during the period. Vise Technologies Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $28,905,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Grandfield & Dodd LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 6.3% during the third quarter. Grandfield & Dodd LLC now owns 6,237 shares of the company’s stock valued at $1,298,000 after acquiring an additional 371 shares in the last quarter. Investment Partners LTD. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.6% during the third quarter. Investment Partners LTD. now owns 3,382 shares of the company’s stock worth $704,000 after purchasing an additional 351 shares during the period. Intrua Financial LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 11.9% in the 3rd quarter. Intrua Financial LLC now owns 4,859 shares of the company’s stock valued at $1,011,000 after purchasing an additional 518 shares during the period. Global Assets Advisory LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 14.7% during the 3rd quarter. Global Assets Advisory LLC now owns 9,902 shares of the company’s stock worth $2,090,000 after buying an additional 1,272 shares in the last quarter. Finally, Summit Global Investments acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $12,850,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8%

Shares of NYSEARCA RSP opened at $218.31 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43. The stock has a market cap of $100.24 billion, a P/E ratio of 20.10 and a beta of 0.92. The business’s fifty day simple moving average is $215.05 and its 200-day simple moving average is $207.75.

Invesco S&P 500 Equal Weight ETF 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.