Atlas Brown Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,179 shares of the company’s stock after acquiring an additional 75 shares during the quarter. Atlas Brown Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $382,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ironwood Wealth Management LLC. increased its stake in Invesco S&P 500 Equal Weight ETF by 10.5% during the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock worth $3,989,000 after purchasing an additional 2,317 shares during the period. Principal Financial Group Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the second quarter. Principal Financial Group Inc. now owns 6,133 shares of the company’s stock valued at $1,008,000 after acquiring an additional 132 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $272,000. MGO One Seven LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 2.4% during the 2nd quarter. MGO One Seven LLC now owns 19,648 shares of the company’s stock worth $3,228,000 after purchasing an additional 468 shares in the last quarter. Finally, AGF Management Ltd. increased its holdings in Invesco S&P 500 Equal Weight ETF by 2.4% during the 2nd quarter. AGF Management Ltd. now owns 26,468 shares of the company’s stock worth $4,348,000 after purchasing an additional 632 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP traded down $2.57 during midday trading on Friday, hitting $173.25. The company had a trading volume of 6,848,545 shares, compared to its average volume of 7,405,279. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16. The firm has a market capitalization of $58.03 billion, a P/E ratio of 20.44 and a beta of 0.90. The company’s 50-day simple moving average is $180.95 and its 200-day simple moving average is $175.43.
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).
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