Principal Securities Inc. lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 4.8% in the 4th quarter, Holdings Channel reports. The firm owned 22,969 shares of the company’s stock after selling 1,148 shares during the period. Principal Securities Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,025,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of RSP. Strategic Financial Concepts LLC raised its position 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 purchasing an additional 8,451,521 shares during the last quarter. SPX Gestao de Recursos Ltda raised its holdings 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 valued at $160,348,000 after acquiring an additional 839,150 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $83,931,000. Penserra Capital Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 2,274.4% in the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after acquiring an additional 465,623 shares during the last quarter. Finally, First Interstate Bank raised its holdings in Invesco S&P 500 Equal Weight ETF by 2,324.6% in the 3rd quarter. First Interstate Bank now owns 379,553 shares of the company’s stock valued at $68,001,000 after acquiring an additional 363,899 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %
RSP stock opened at $181.08 on Monday. The company has a market cap of $60.65 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The firm has a 50-day moving average of $179.08 and a two-hundred day moving average of $177.93.
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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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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