Invesco S&P 500 Equal Weight ETF $RSP Stock: One Day In July LLC Raises Holdings

One Day In July LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 336,175 shares of the company’s stock after purchasing an additional 11,348 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 4.8% of One Day In July LLC’s holdings, making the stock its 8th biggest holding. One Day In July LLC owned approximately 0.07% of Invesco S&P 500 Equal Weight ETF worth $69,931,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. TrinityBridge Ltd boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 88.1% in the 3rd quarter. TrinityBridge Ltd now owns 6,770 shares of the company’s stock worth $1,408,000 after acquiring an additional 3,170 shares in the last quarter. Integras Partners LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $209,000. Associated Banc Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $986,000. Integrity Alliance LLC. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $1,317,000. Finally, Integrity Advisory Solutions LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 11.1% during the 3rd quarter. Integrity Advisory Solutions LLC now owns 4,165 shares of the company’s stock valued at $866,000 after purchasing an additional 415 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $219.26 on Wednesday. The company has a market cap of $101.10 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The stock has a fifty day moving average price of $214.96 and a two-hundred day moving average price of $207.96. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43.

Invesco S&P 500 Equal Weight ETF Company 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.