Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 87.6% in the second quarter, Holdings Channel.com reports. The fund owned 1,501 shares of the company’s stock after acquiring an additional 701 shares during the period. GAMMA Investing LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $247,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Ballentine Partners LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $205,000. Prime Capital Investment Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 21,848 shares of the company’s stock worth $3,448,000 after purchasing an additional 792 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $16,553,000. Grant Street Asset Management Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 22.1% during the 4th quarter. Grant Street Asset Management Inc. now owns 32,552 shares of the company’s stock worth $5,137,000 after purchasing an additional 5,885 shares in the last quarter. Finally, Strategic Blueprint LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.3% in the 4th quarter. Strategic Blueprint LLC now owns 5,670 shares of the company’s stock valued at $895,000 after purchasing an additional 531 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 2.0 %

Invesco S&P 500 Equal Weight ETF stock traded up $3.20 during mid-day trading on Tuesday, hitting $166.03. 5,752,235 shares of the company’s stock were exchanged, compared to its average volume of 6,354,332. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $173.08. The stock has a 50 day moving average of $166.07 and a two-hundred day moving average of $164.07. The stock has a market cap of $55.61 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).