Y Intercept Hong Kong Ltd Has $1.17 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Y Intercept Hong Kong Ltd boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 240.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,094 shares of the company’s stock after acquiring an additional 4,302 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,170,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Dorato Capital Management acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $26,000. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $29,000. Hurley Capital LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares during the period. Basepoint Wealth LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $42,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

NYSEARCA RSP traded up $0.80 during trading hours on Friday, hitting $214.30. 5,539,473 shares of the company’s stock were exchanged, compared to its average volume of 14,463,745. The stock has a 50-day simple moving average of $208.58 and a 200 day simple moving average of $201.64. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $216.37. The firm has a market cap of $96.73 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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.