Aureus Asset Management LLC Purchases New Shares in Invesco S&P 500 Equal Weight ETF $RSP

Aureus Asset Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 15,617 shares of the company’s stock, valued at approximately $2,997,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $29,000. Hurley Capital LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares in the last quarter. Basepoint Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $40,000. Finally, Raleigh Capital Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $42,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $212.70 on Thursday. The company has a market cap of $95.66 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $179.94 and a fifty-two week high of $216.37. The stock has a fifty day moving average price of $210.12 and a 200-day moving average price of $202.84.

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.