Yakira Capital Management Inc. Purchases 7,508 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Yakira Capital Management Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 220.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,919 shares of the company’s stock after buying an additional 7,508 shares during the period. Yakira Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,071,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. NBZ Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $26,000. Aviso Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. Investment Counsel Co. of Nevada acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $29,000. Tompkins Financial Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $32,000. Finally, IMA Advisory Services Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 1.2%

Shares of RSP opened at $198.15 on Monday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $205.24. The firm has a fifty day simple moving average of $199.53 and a 200 day simple moving average of $192.92. The stock has a market capitalization of $82.17 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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.