ASL Financial LLC Invests $2.07 Million in Invesco S&P 500 Equal Weight ETF $RSP

ASL Financial LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,940 shares of the company’s stock, valued at approximately $2,067,000. Invesco S&P 500 Equal Weight ETF comprises approximately 1.6% of ASL Financial LLC’s portfolio, making the stock its 16th largest holding.

A number of other large investors also recently bought and sold shares of the business. NBZ Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $26,000. Dorato Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $26,000. Aviso Financial Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $28,000. Tompkins Financial Corp bought 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. bought 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 Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $193.09 on Friday. The stock has a market cap of $80.07 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm has a 50-day moving average of $198.31 and a two-hundred day moving average of $193.50. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $205.24.

Invesco S&P 500 Equal Weight ETF 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). 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.