Ameriprise Financial Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 21.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,225,692 shares of the company’s stock after purchasing an additional 397,073 shares during the period. Ameriprise Financial Inc. owned about 0.95% of Invesco S&P 500 Equal Weight ETF worth $321,840,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Salem Investment Counselors Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $26,000. Bristlecone Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $28,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $29,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $29,000. Finally, BerganKDV Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1,940.0% in the 1st quarter. BerganKDV Wealth Management LLC now owns 204 shares of the company’s stock valued at $30,000 after buying an additional 194 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Up 1.2 %
RSP stock opened at $148.83 on Friday. The firm has a 50 day moving average of $150.65 and a two-hundred day moving average of $146.22. Invesco S&P 500 Equal Weight ETF has a 12 month low of $124.92 and a 12 month high of $155.77. The company has a market capitalization of $42.07 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05.
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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