Duncker Streett & Co. Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 135.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 4,491 shares of the company’s stock after acquiring an additional 2,580 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $862,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Dorato Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $26,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $29,000. Hurley Capital LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares in the last quarter. Basepoint Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $40,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $42,000. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA RSP opened at $214.73 on Wednesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $216.37. The stock has a market cap of $95.83 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The firm’s 50 day moving average price is $207.84 and its two-hundred day moving average price is $201.26.
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.
Featured Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
