Florida Financial Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 19.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,106 shares of the company’s stock after purchasing an additional 337 shares during the quarter. Florida Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $369,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after acquiring an additional 8,451,521 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Invesco S&P 500 Equal Weight ETF by 312.2% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock worth $242,674,000 after purchasing an additional 1,048,921 shares in the last quarter. SPX Gestao de Recursos Ltda increased its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after purchasing an additional 839,150 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $83,931,000. Finally, TD Asset Management Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 48.2% during the fourth quarter. TD Asset Management Inc. now owns 1,151,369 shares of the company’s stock valued at $201,754,000 after buying an additional 374,593 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Price Performance
Invesco S&P 500 Equal Weight ETF stock opened at $175.27 on Wednesday. The company has a market cap of $73.02 billion, a P/E ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The firm’s 50 day simple moving average is $178.66 and its 200-day simple moving average is $179.16.
Invesco S&P 500 Equal Weight ETF Announces Dividend
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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