Barbara Oil Co. Purchases New Stake in Invesco S&P 500 Equal Weight ETF $RSP

Barbara Oil Co. acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 9,210 shares of the company’s stock, valued at approximately $1,978,000.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares during the period. Heck Capital Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Bison Wealth LLC lifted its holdings in 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 acquiring an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth about $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth about $279,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $214.64 on Thursday. The stock has a 50 day simple moving average of $217.44 and a 200 day simple moving average of $207.70. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43. The firm has a market capitalization of $97.00 billion, a PE ratio of 20.10 and a beta of 0.91.

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.