LongView Wealth Management Acquires 121 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

LongView Wealth Management raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 5,136 shares of the company’s stock after buying an additional 121 shares during the period. LongView Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $870,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Morgan Stanley boosted its position in Invesco S&P 500 Equal Weight ETF by 12.8% in the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after buying an additional 2,153,993 shares during the last quarter. Truist Financial Corp boosted its position in Invesco S&P 500 Equal Weight ETF by 1.5% in the 3rd quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock valued at $1,107,273,000 after buying an additional 112,526 shares during the last quarter. UBS Group AG boosted its position in Invesco S&P 500 Equal Weight ETF by 1.5% in the 4th quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock valued at $953,030,000 after buying an additional 90,811 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $860,010,000. Finally, Balyasny Asset Management L.P. bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $671,392,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded up $0.15 during trading hours on Friday, reaching $164.31. The company had a trading volume of 4,760,986 shares, compared to its average volume of 6,062,520. The company has a 50 day moving average of $164.71 and a 200 day moving average of $161.97. The firm has a market cap of $55.03 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 $133.34 and a 1-year high of $169.80.

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).