Arlington Trust Co LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 11.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 123,950 shares of the company’s stock after purchasing an additional 12,618 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 2.4% of Arlington Trust Co LLC’s holdings, making the stock its 7th largest position. Arlington Trust Co LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,744,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $26,000. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $26,000. Aviso Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. IMA Advisory Services Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $33,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $35,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Price Performance
RSP opened at $201.79 on Tuesday. The stock has a 50-day moving average price of $198.00 and a 200-day moving average price of $194.77. The firm has a market cap of $87.61 billion, a PE ratio of 20.10 and a beta of 0.94. Invesco S&P 500 Equal Weight ETF has a 1 year low of $165.39 and a 1 year 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.
See Also
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