Cannon Advisors Inc. boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,312 shares of the company’s stock after buying an additional 273 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 4.7% of Cannon Advisors Inc.’s investment portfolio, making the stock its 6th largest holding. Cannon Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,487,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. StoneX Group Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.4% in the 4th quarter. StoneX Group Inc. now owns 158,823 shares of the company’s stock valued at $27,831,000 after acquiring an additional 19,951 shares during the last quarter. Tradewinds LLC. acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $248,000. Mosaic Financial Group LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 6.2% in the fourth quarter. Mosaic Financial Group LLC now owns 18,340 shares of the company’s stock valued at $3,214,000 after purchasing an additional 1,064 shares during the last quarter. Meridian Investment Counsel Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.6% in the fourth quarter. Meridian Investment Counsel Inc. now owns 24,195 shares of the company’s stock valued at $4,240,000 after purchasing an additional 1,292 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 1.2% during the 4th quarter. Franklin Resources Inc. now owns 78,784 shares of the company’s stock worth $13,805,000 after purchasing an additional 928 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %
Shares of RSP stock opened at $173.23 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The stock has a market cap of $72.17 billion, a PE ratio of 20.93 and a beta of 1.07. The business has a 50-day simple moving average of $178.21 and a 200-day simple moving average of $179.19.
Invesco S&P 500 Equal Weight ETF Dividend Announcement
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).
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