Meriwether Wealth & Planning LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 4,000 shares of the company’s stock, valued at approximately $701,000.
A number of other large investors have also recently bought and sold shares of RSP. Pettinga Financial Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $529,000. QRG Capital Management Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 7.3% during the 3rd quarter. QRG Capital Management Inc. now owns 3,238 shares of the company’s stock worth $580,000 after acquiring an additional 219 shares during the period. CWA Asset Management Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $871,000. Verdence Capital Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 20.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 7,090 shares of the company’s stock worth $1,270,000 after acquiring an additional 1,182 shares during the period. Finally, Assetmark Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 264.6% in the 3rd quarter. Assetmark Inc. now owns 2,089 shares of the company’s stock valued at $374,000 after buying an additional 1,516 shares during the period.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of RSP opened at $176.69 on Monday. The stock has a 50-day moving average of $179.07 and a 200-day moving average of $179.17. The company has a market cap of $73.45 billion, a PE ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.
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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