Donaldson Capital Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 4.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,800 shares of the company’s stock after acquiring an additional 123 shares during the period. Donaldson Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $491,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Pettinga Financial Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $529,000. Assetmark Inc. raised its holdings 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 worth $374,000 after buying an additional 1,516 shares in the last quarter. Harbour Investments Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 7.8% during the 3rd quarter. Harbour Investments Inc. now owns 41,224 shares of the company’s stock worth $7,386,000 after buying an additional 2,977 shares during the period. WealthPLAN Partners LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 14.0% in the 3rd quarter. WealthPLAN Partners LLC now owns 9,296 shares of the company’s stock valued at $1,665,000 after buying an additional 1,143 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd grew its position in Invesco S&P 500 Equal Weight ETF by 9,629.8% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 217,850 shares of the company’s stock valued at $39,039,000 after acquiring an additional 215,611 shares during the period.
Invesco S&P 500 Equal Weight ETF Price Performance
Invesco S&P 500 Equal Weight ETF stock opened at $171.88 on Wednesday. The firm has a market capitalization of $71.45 billion, a P/E ratio of 21.37 and a beta of 1.07. The stock has a fifty day moving average price of $178.99 and a two-hundred day moving average price of $179.17. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week 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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