Sepio Capital LP boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 4.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 111,305 shares of the company’s stock after buying an additional 4,983 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.2% of Sepio Capital LP’s holdings, making the stock its 17th largest position. Sepio Capital LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,322,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. NBZ Investment Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $26,000. Dorato Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $26,000. Aviso Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. IMA Advisory Services Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000. Finally, Goodman Advisory Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
Invesco S&P 500 Equal Weight ETF stock opened at $209.75 on Friday. The firm has a market cap of $90.49 billion, a P/E ratio of 20.10 and a beta of 0.91. The business’s fifty day moving average is $203.02 and its two-hundred day moving average is $198.65. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $210.95.
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). 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.
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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).
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