InTrack Investment Management Inc lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 24.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,261 shares of the company’s stock after purchasing an additional 649 shares during the quarter. InTrack Investment Management Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $574,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in RSP. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after acquiring an additional 18,390,083 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 174.6% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after purchasing an additional 1,488,000 shares in the last quarter. SPX Gestao de Recursos Ltda increased its position in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after purchasing an additional 839,150 shares during the last quarter. Penserra Capital Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 2,274.4% during the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after purchasing an additional 465,623 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at $63,354,000.
Invesco S&P 500 Equal Weight ETF Stock Up 0.5 %
Shares of NYSEARCA:RSP opened at $180.04 on Friday. The firm has a fifty day simple moving average of $180.54 and a two-hundred day simple moving average of $175.95. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.16 and a 52 week high of $188.16. The stock has a market capitalization of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90.
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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