Central Asset Investments & Management Holdings HK Ltd Makes New $3.53 Million Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Central Asset Investments & Management Holdings HK Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, Holdings Channel reports. The fund acquired 19,700 shares of the company’s stock, valued at approximately $3,529,000. Invesco S&P 500 Equal Weight ETF makes up about 3.5% of Central Asset Investments & Management Holdings HK Ltd’s investment portfolio, making the stock its 8th biggest position.

Several other large investors have also recently modified their holdings of the stock. Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $28,000. GHP Investment Advisors Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the period. Richardson Financial Services Inc. raised its holdings in 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. Bristlecone Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $33,000. Finally, Riggs Asset Managment Co. Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after buying an additional 110 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $180.94 on Friday. The company has a market capitalization of $60.60 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business’s 50 day moving average price is $178.67 and its two-hundred day moving average price is $171.18. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $144.35 and a fifty-two week high of $185.79.

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).