Sykon Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 71,809 shares of the company’s stock, valued at approximately $12,583,000. Invesco S&P 500 Equal Weight ETF makes up approximately 4.3% of Sykon Capital LLC’s holdings, making the stock its 5th biggest holding.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Intellus Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $2,295,000. Forefront Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $254,000. Runnymede Capital Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $727,000. Millstone Evans Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $478,000. Finally, Atlas Wealth LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.3% during the 4th quarter. Atlas Wealth LLC now owns 134,010 shares of the company’s stock worth $23,483,000 after buying an additional 1,721 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of NYSEARCA RSP opened at $173.84 on Friday. The company has a 50 day simple moving average of $178.66 and a 200-day simple moving average of $179.03. The company has a market capitalization of $72.42 billion, a P/E ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16.
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).
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