Common Fund For Nonprofit Organizations acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 57,145 shares of the company’s stock, valued at approximately $10,001,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.2% of Common Fund For Nonprofit Organizations’ portfolio, making the stock its 10th biggest holding.
Several other hedge funds and other institutional investors also recently bought and sold shares of RSP. Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000. Richardson Financial Services Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares in the last quarter. GHP Investment Advisors Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares in the last quarter. DHJJ Financial Advisors Ltd. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares in the last quarter. Finally, Creekmur Asset Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 90 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Price Performance
Invesco S&P 500 Equal Weight ETF stock opened at $181.69 on Tuesday. The stock has a market capitalization of $60.86 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $144.83 and a 1-year high of $185.79. The business has a fifty day moving average price of $178.87 and a 200-day moving average price of $171.46.
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).
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