Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Get Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $183.23 and last traded at $182.90, with a volume of 396526 shares changing hands. The stock had previously closed at $178.67.
Invesco S&P 500 Equal Weight ETF Price Performance
The firm has a 50-day simple moving average of $177.16 and a 200 day simple moving average of $170.13. The company has a market capitalization of $61.26 billion, a PE ratio of 20.44 and a beta of 0.90.
Hedge Funds Weigh In On Invesco S&P 500 Equal Weight ETF
A number of hedge funds have recently bought and sold shares of RSP. Rehmann Capital Advisory Group boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 35.9% during the first quarter. Rehmann Capital Advisory Group now owns 2,448 shares of the company’s stock worth $415,000 after buying an additional 647 shares during the period. Larson Financial Group LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 386.4% in the first quarter. Larson Financial Group LLC now owns 856 shares of the company’s stock worth $145,000 after purchasing an additional 680 shares in the last quarter. Team Hewins LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $268,000. SPC Financial Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 45.0% during the 1st quarter. SPC Financial Inc. now owns 429,719 shares of the company’s stock worth $72,782,000 after acquiring an additional 133,340 shares during the last quarter. Finally, Howland Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $423,000.
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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