Mizuho Markets Americas LLC Invests $704,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mizuho Markets Americas LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,283 shares of the company’s stock, valued at approximately $704,000.

Several other hedge funds and other institutional investors also recently modified their holdings of RSP. Picton Mahoney Asset Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the 2nd quarter. Picton Mahoney Asset Management now owns 2,505 shares of the company’s stock valued at $412,000 after buying an additional 100 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 59.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 25,363 shares of the company’s stock valued at $4,133,000 after buying an additional 9,441 shares during the period. Sollinda Capital Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 18.5% in the 2nd quarter. Sollinda Capital Management LLC now owns 195,854 shares of the company’s stock valued at $32,175,000 after buying an additional 30,579 shares during the period. Ascent Wealth Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.4% in the 2nd quarter. Ascent Wealth Partners LLC now owns 80,936 shares of the company’s stock valued at $13,296,000 after buying an additional 1,866 shares during the period. Finally, Advisors Management Group Inc. ADV boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.2% in the 2nd quarter. Advisors Management Group Inc. ADV now owns 1,742 shares of the company’s stock valued at $286,000 after buying an additional 102 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded up $1.35 during midday trading on Friday, hitting $175.87. The company’s stock had a trading volume of 4,635,830 shares, compared to its average volume of 6,229,496. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $175.96. The firm’s fifty day moving average price is $168.24 and its 200-day moving average price is $165.73. The firm has a market cap of $58.91 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).