Selway Asset Management raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 22.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,788 shares of the company’s stock after buying an additional 700 shares during the quarter. Selway Asset Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $664,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC raised its position in Invesco S&P 500 Equal Weight ETF by 12.2% during the third quarter. FMR LLC now owns 96,516 shares of the company’s stock valued at $17,295,000 after buying an additional 10,513 shares during the period. Quantbot Technologies LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 253.4% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 74,781 shares of the company’s stock valued at $13,398,000 after purchasing an additional 53,621 shares during the period. Chevy Chase Trust Holdings LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $238,000. Finally, Mission Creek Capital Partners Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $773,000.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP opened at $174.86 on Thursday. The company has a market capitalization of $73.05 billion, a PE ratio of 21.02 and a beta of 1.01. The company’s 50 day moving average price is $177.90 and its 200 day moving average price is $179.15. 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 Announces Dividend
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).
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