Raelipskie Partnership grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 10.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 97,770 shares of the company’s stock after purchasing an additional 9,045 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 8.1% of Raelipskie Partnership’s holdings, making the stock its 3rd biggest holding. Raelipskie Partnership’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,769,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of the business. OneAscent Family Office LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $387,000. Mascagni Wealth Management Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.8% in the 2nd quarter. Mascagni Wealth Management Inc. now owns 6,687 shares of the company’s stock worth $1,215,000 after purchasing an additional 180 shares during the last quarter. HORAN Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $333,000. Ethos Financial Group LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.7% during the second quarter. Ethos Financial Group LLC now owns 78,101 shares of the company’s stock worth $14,194,000 after purchasing an additional 8,792 shares during the period. Finally, Atlantic Union Bankshares Corp increased its holdings in Invesco S&P 500 Equal Weight ETF by 195.7% in the second quarter. Atlantic Union Bankshares Corp now owns 9,108 shares of the company’s stock valued at $1,655,000 after purchasing an additional 6,028 shares during the last quarter. 61.18% of the stock is owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Trading Down 0.7%
NYSEARCA:RSP opened at $186.00 on Friday. The firm has a market capitalization of $71.95 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.33. The business’s 50-day moving average price is $188.77 and its two-hundred day moving average price is $182.90.
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).
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Insider Trades May Not Tell You What You Think
- DigitalOcean’s Tide Has Turned: Get Ready to Ride the Wave
- Stock Market Sectors: What Are They and How Many Are There?Â
- CAVA Stock Looking for Direction After Earnings Miss
- Most Volatile Stocks, What Investors Need to Know
- 3 Small AI Stocks Ready to Explode (All Under $20)
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.
