Loudon Investment Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 24.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,744 shares of the company’s stock after acquiring an additional 531 shares during the period. Loudon Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $499,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. Battery Global Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the 1st quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock valued at $2,183,000 after buying an additional 60 shares during the period. Rosenberg Matthew Hamilton boosted its holdings 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 valued at $684,000 after acquiring an additional 61 shares during the last quarter. Ehrlich Financial Group grew its position in Invesco S&P 500 Equal Weight ETF by 1.4% during the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after acquiring an additional 65 shares during the period. Live Oak Private Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.0% during the first quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock valued at $594,000 after acquiring an additional 67 shares during the period. Finally, Samalin Investment Counsel LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.9% during the first quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock worth $1,295,000 after acquiring an additional 67 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Price Performance
Invesco S&P 500 Equal Weight ETF stock opened at $189.70 on Wednesday. The company has a market cap of $75.20 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $190.54. The stock’s 50-day moving average is $187.02 and its 200-day moving average is $178.83.
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).
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