Horizon Bancorp Inc. IN bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,280 shares of the company’s stock, valued at approximately $2,165,000. Invesco S&P 500 Equal Weight ETF accounts for about 1.0% of Horizon Bancorp Inc. IN’s investment portfolio, making the stock its 15th biggest holding.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $83,931,000. Bison Wealth LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at $279,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 0.7%
RSP opened at $210.31 on Friday. The company has a fifty day simple moving average of $206.21 and a 200 day simple moving average of $200.15. The firm has a market cap of $90.73 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $214.30.
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.
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