Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Keystone Global Partners LLC

Keystone Global Partners LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 136.5% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 18,048 shares of the company’s stock after buying an additional 10,416 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 1.5% of Keystone Global Partners LLC’s investment portfolio, making the stock its 20th largest position. Keystone Global Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,464,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Dorato Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $26,000. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $29,000. Hurley Capital LLC raised its position in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares during the period. Goodman Advisory Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $35,000. Finally, Basepoint Wealth LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $40,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $213.41 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $214.95. The company has a market capitalization of $93.19 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The business has a 50-day moving average of $206.84 and a 200-day moving average of $200.64.

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.