Blue Capital Inc. Acquires New Position in Invesco S&P 500 Equal Weight ETF $RSP

Blue Capital Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 14,333 shares of the company’s stock, valued at approximately $2,751,000. Invesco S&P 500 Equal Weight ETF makes up 1.8% of Blue Capital Inc.’s investment portfolio, making the stock its 19th biggest holding.

Other large investors have also bought and sold shares of the company. Dorato Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $26,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $29,000. Hurley Capital LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares in the last quarter. Goodman Advisory Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $35,000. Finally, Basepoint Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $40,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $214.91 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $215.61. The stock has a 50-day moving average of $207.09 and a 200 day moving average of $200.79. The company has a market capitalization of $93.84 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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.