Louisbourg Investments Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 314.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 61,400 shares of the company’s stock after purchasing an additional 46,600 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 2.6% of Louisbourg Investments Inc.’s holdings, making the stock its 7th biggest position. Louisbourg Investments Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,759,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Alpha Financial Partners LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 42.3% in the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock valued at $905,000 after purchasing an additional 1,502 shares during the last quarter. Ritholtz Wealth Management grew its holdings in Invesco S&P 500 Equal Weight ETF by 41.6% during the 3rd quarter. Ritholtz Wealth Management now owns 3,162 shares of the company’s stock valued at $566,000 after buying an additional 929 shares in the last quarter. Exchange Traded Concepts LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $163,000. VitalStone Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 46.0% during the third quarter. VitalStone Financial LLC now owns 235 shares of the company’s stock worth $42,000 after purchasing an additional 74 shares during the last quarter. Finally, Procyon Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 50.0% during the third quarter. Procyon Advisors LLC now owns 6,254 shares of the company’s stock valued at $1,120,000 after acquiring an additional 2,085 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %
RSP opened at $180.75 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $156.16 and a 12 month high of $188.16. The business’s 50-day moving average price is $179.38 and its 200-day moving average price is $177.77. The company has a market cap of $60.54 billion, a P/E ratio of 20.44 and a beta of 0.90.
About Invesco S&P 500 Equal Weight ETF
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).
Featured Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- How to Calculate Options Profits
- Will the Tariff Bump Lead to a Steel Trap?
- Health Care Stocks Explained: Why You Might Want to Invest
- Rebuilding Stronger: 3 Stocks Driving Infrastructure Recovery
- How to Profit From Value Investing
- GLP-1 Alternatives: 2 Stocks Benefiting From Weight Loss Trends
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).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.