Invesco S&P 500 Equal Weight ETF $RSP Stock Position Increased by Activest Wealth Management

Activest Wealth Management boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 243,915 shares of the company’s stock after buying an additional 63,921 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 11.3% of Activest Wealth Management’s investment portfolio, making the stock its 2nd biggest holding. Activest Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $42,253,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Battery Global Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.5% in the first quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock worth $2,183,000 after purchasing an additional 60 shares during the period. Rosenberg Matthew Hamilton increased its stake in Invesco S&P 500 Equal Weight ETF by 1.6% in the first quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock worth $684,000 after purchasing an additional 61 shares during the period. Live Oak Private Wealth LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 2.0% in the first quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock worth $594,000 after purchasing an additional 67 shares during the period. Samalin Investment Counsel LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.9% in the first quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock worth $1,295,000 after purchasing an additional 67 shares during the period. Finally, Novem Group increased its stake in Invesco S&P 500 Equal Weight ETF by 5.6% in the first quarter. Novem Group now owns 1,291 shares of the company’s stock worth $224,000 after purchasing an additional 68 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1%

RSP stock opened at $188.62 on Friday. The business’s fifty day simple moving average is $184.69 and its two-hundred day simple moving average is $177.22. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $189.99. The firm has a market cap of $74.77 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.

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).