SPX Gestao de Recursos Ltda Takes $9.18 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SPX Gestao de Recursos Ltda purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 55,850 shares of the company’s stock, valued at approximately $9,175,000. Invesco S&P 500 Equal Weight ETF comprises 1.4% of SPX Gestao de Recursos Ltda’s holdings, making the stock its 19th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in the company. Fairman Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $27,000. DHJJ Financial Advisors Ltd. boosted its stake in Invesco S&P 500 Equal Weight ETF by 107.5% during 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 during the period. Creekmur Asset Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 86.5% during 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 during the last quarter. Central Bank & Trust Co. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $36,000. Finally, Goodman Advisory Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $39,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $179.16 on Tuesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $179.94. The firm has a 50-day simple moving average of $172.16 and a 200-day simple moving average of $167.62. The company has a market capitalization of $60.01 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).