Brookwood Investment Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,277 shares of the company’s stock, valued at approximately $414,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $25,000. Uniplan Investment Counsel Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $26,000. Richardson Capital Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $30,000. Howe & Rusling Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares in the last quarter. Finally, GoalVest Advisory LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $34,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $190.46 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.33. The business has a 50-day moving average of $188.86 and a two-hundred day moving average of $181.84. The company has a market capitalization of $73.54 billion, a P/E ratio of 20.10 and a beta of 0.99.
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).
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