GAMMA Investing LLC Buys Shares of 241 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

GAMMA Investing LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 241 shares of the company’s stock, valued at approximately $38,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in RSP. Xponance Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.0% in the 3rd quarter. Xponance Inc. now owns 3,131 shares of the company’s stock worth $444,000 after acquiring an additional 148 shares during the period. Ironwood Wealth Management LLC. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.7% in the third quarter. Ironwood Wealth Management LLC. now owns 16,373 shares of the company’s stock valued at $2,320,000 after buying an additional 1,850 shares during the period. Beacon Financial Advisory LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $338,000. Penobscot Wealth Management boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.7% during the 3rd quarter. Penobscot Wealth Management now owns 2,221 shares of the company’s stock valued at $315,000 after purchasing an additional 454 shares in the last quarter. Finally, Crown Wealth Group LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.9% in the 3rd quarter. Crown Wealth Group LLC now owns 2,663 shares of the company’s stock worth $377,000 after purchasing an additional 405 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $162.79 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $169.80. The business’s fifty day moving average is $164.24 and its two-hundred day moving average is $155.75. The stock has a market capitalization of $54.52 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).