Invesco S&P 500 Equal Weight ETF $RSP Stake Lowered by Basso Capital Management L.P.

Basso Capital Management L.P. lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 47,591 shares of the company’s stock after selling 24,174 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 5.4% of Basso Capital Management L.P.’s investment portfolio, making the stock its 6th biggest holding. Basso Capital Management L.P.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,117,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $26,000. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $26,000. Aviso Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. Hurley Capital LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the last quarter. Finally, Goodman Advisory Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $35,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $208.99 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $214.30. The company has a market cap of $90.16 billion, a P/E ratio of 20.10 and a beta of 0.91. The business’s 50-day simple moving average is $204.48 and its 200-day simple moving average is $199.28.

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.