Nations Financial Group Inc. IA ADV boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 7.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,041 shares of the company’s stock after purchasing an additional 3,389 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,836,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $83,931,000. Bison Wealth LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $279,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA:RSP opened at $209.96 on Friday. The stock has a market capitalization of $90.58 billion, a P/E ratio of 20.10 and a beta of 0.91. The company has a 50 day moving average price of $205.05 and a 200 day moving average price of $199.48. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $214.30.
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). 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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- 3 Retail Winners Using Cash Flow to Stay Ahead
- 3 Tech ETFs That Could Bounce Back After the AI Selloff
- 3 Penny Stocks Under $5 Backed by Real Revenue Growth
- 3 Non-Pharma Firms That Could Benefit From the GLP-1 Trend
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.
