Guidance Capital Inc. Acquires 5,384 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Guidance Capital Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 55,053 shares of the company’s stock after purchasing an additional 5,384 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 2.7% of Guidance Capital Inc.’s portfolio, making the stock its 6th largest position. Guidance Capital Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,992,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in RSP. NBZ Investment Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $26,000. Dorato Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $26,000. Aviso Financial Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Tompkins Financial Corp purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $32,000. Finally, IMA Advisory Services Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $199.66 on Wednesday. The business’s 50-day simple moving average is $197.96 and its two-hundred day simple moving average is $194.02. The company has a market cap of $87.75 billion, a PE ratio of 20.10 and a beta of 0.94. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $157.71 and a fifty-two week high of $205.24.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.