Bcwm LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 14.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,445 shares of the company’s stock after purchasing an additional 5,891 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 2.6% of Bcwm LLC’s investment portfolio, making the stock its 18th biggest position. Bcwm LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,705,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of RSP. Brighton Jones LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $83,931,000. Bison Wealth LLC grew its position in shares of 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 valued at $3,672,000 after purchasing an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $11,553,000. Finally, Gamco Investors INC. ET AL bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $279,000. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Trading Down 1.4%
Shares of NYSEARCA:RSP opened at $207.83 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $175.98 and a 12 month high of $210.95. The company has a 50-day moving average price of $201.54 and a 200 day moving average price of $197.88. The company has a market cap of $89.66 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.
About Invesco S&P 500 Equal Weight ETF
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.
Featured Articles
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
