Point72 Europe London LLP Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Point72 Europe London LLP acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 50,100 shares of the company’s stock, valued at approximately $8,779,000.

Several other hedge funds also recently modified their holdings of RSP. Keene & Associates Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the 4th quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock worth $1,735,000 after purchasing an additional 56 shares in the last quarter. Atlantic Union Bankshares Corp raised its stake in Invesco S&P 500 Equal Weight ETF by 2.0% during the 4th quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock worth $501,000 after buying an additional 56 shares during the period. Beaumont Financial Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% in the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after acquiring an additional 58 shares in the last quarter. Ingalls & Snyder LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after acquiring an additional 58 shares during the period. Finally, Boston Standard Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.7% in the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock valued at $300,000 after acquiring an additional 61 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.6%

Shares of NYSEARCA:RSP opened at $176.63 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $188.16. The stock’s 50 day moving average is $168.73 and its 200-day moving average is $176.35. The firm has a market capitalization of $72.38 billion, a price-to-earnings ratio of 20.59 and a beta of 1.00.

Invesco S&P 500 Equal Weight ETF 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).