Grant GrossMendelsohn LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 1.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 11,221 shares of the company’s stock after selling 175 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.0% of Grant GrossMendelsohn LLC’s investment portfolio, making the stock its 29th largest position. Grant GrossMendelsohn LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,966,000 as of its most recent filing with the SEC.
Several other large investors have also recently made changes to their positions in the stock. Ironwood Wealth Management LLC. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.5% in the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock valued at $3,989,000 after purchasing an additional 2,317 shares in the last quarter. Renaissance Technologies LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $1,298,000. Hsbc Holdings PLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 69.6% in the second quarter. Hsbc Holdings PLC now owns 190,213 shares of the company’s stock worth $31,278,000 after acquiring an additional 78,065 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $296,000. Finally, ProVise Management Group LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 6.3% in the second quarter. ProVise Management Group LLC now owns 15,476 shares of the company’s stock valued at $2,542,000 after purchasing an additional 915 shares during the period.
Invesco S&P 500 Equal Weight ETF Price Performance
RSP opened at $180.04 on Friday. The business has a fifty day moving average price of $180.54 and a 200 day moving average price of $175.95. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.16 and a 12 month high of $188.16. The stock has a market capitalization of $60.30 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.
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).
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