Ballast Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 1.6% during the third quarter, HoldingsChannel reports. The fund owned 68,773 shares of the company’s stock after acquiring an additional 1,116 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 3.5% of Ballast Inc.’s holdings, making the stock its 10th biggest position. Ballast Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,321,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in RSP. Fairman Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $27,000. DHJJ Financial Advisors Ltd. grew its position in Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after buying an additional 100 shares during the period. Creekmur Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 90 shares in the last quarter. Central Bank & Trust Co. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $36,000. Finally, Goodman Advisory Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $39,000.
Invesco S&P 500 Equal Weight ETF Price Performance
RSP opened at $181.33 on Friday. The stock’s 50 day simple moving average is $175.14 and its 200 day simple moving average is $168.72. The stock has a market cap of $60.73 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $182.22.
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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