IPG Investment Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 11.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 71,330 shares of the company’s stock after buying an additional 7,566 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 2.4% of IPG Investment Advisors LLC’s investment portfolio, making the stock its 9th largest holding. IPG Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,664,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the stock. NBZ Investment Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $26,000. Dorato Capital Management acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $26,000. Aviso Financial Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. IMA Advisory Services Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $33,000. Finally, Cloud Capital Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 0.1%
NYSEARCA RSP opened at $207.49 on Thursday. The company has a fifty day simple moving average of $199.26 and a 200 day simple moving average of $196.93. Invesco S&P 500 Equal Weight ETF has a 12-month low of $174.27 and a 12-month high of $208.73. The company has a market cap of $89.51 billion, a P/E ratio of 20.10 and a beta of 0.92.
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.
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