COFG Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 80,813 shares of the company’s stock, valued at approximately $15,481,000. Invesco S&P 500 Equal Weight ETF accounts for 3.8% of COFG Advisors LLC’s investment portfolio, making the stock its 8th biggest holding.
Several other institutional investors and hedge funds have also bought and sold shares of RSP. SCS Capital Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 56.2% during the fourth quarter. SCS Capital Management LLC now owns 596,705 shares of the company’s stock worth $114,305,000 after buying an additional 214,727 shares during the last quarter. Peapack Gladstone Financial Corp grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 18.1% during the fourth quarter. Peapack Gladstone Financial Corp now owns 383,502 shares of the company’s stock worth $73,463,000 after buying an additional 58,896 shares during the last quarter. Frederick Financial Consultants LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.7% during the fourth quarter. Frederick Financial Consultants LLC now owns 1,577 shares of the company’s stock worth $302,000 after buying an additional 139 shares during the last quarter. Rothschild Wealth LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $2,796,000. Finally, Clear Harbor Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 8.2% during the fourth quarter. Clear Harbor Asset Management LLC now owns 29,901 shares of the company’s stock worth $5,728,000 after buying an additional 2,254 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA RSP opened at $209.21 on Tuesday. The firm’s fifty day moving average price is $200.12 and its two-hundred day moving average price is $197.36. The stock has a market cap of $90.26 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $174.27 and a fifty-two week high of $209.77.
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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