Hennion & Walsh Asset Management Inc. Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hennion & Walsh Asset Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 92,735 shares of the company’s stock, valued at approximately $15,707,000. Invesco S&P 500 Equal Weight ETF makes up about 0.8% of Hennion & Walsh Asset Management Inc.’s investment portfolio, making the stock its 14th biggest holding.

A number of other large investors have also recently made changes to their positions in RSP. FMR LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.3% in the third quarter. FMR LLC now owns 58,513 shares of the company’s stock worth $8,291,000 after acquiring an additional 6,874 shares during the period. Natixis Advisors L.P. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.5% in the third quarter. Natixis Advisors L.P. now owns 12,881 shares of the company’s stock worth $1,825,000 after acquiring an additional 194 shares during the period. Trexquant Investment LP bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $2,414,000. Qube Research & Technologies Ltd grew its position in Invesco S&P 500 Equal Weight ETF by 2,699.3% during the third quarter. Qube Research & Technologies Ltd now owns 288,353 shares of the company’s stock valued at $40,857,000 after buying an additional 278,052 shares during the period. Finally, Bank of Nova Scotia grew its position in Invesco S&P 500 Equal Weight ETF by 46.7% during the third quarter. Bank of Nova Scotia now owns 59,832 shares of the company’s stock valued at $8,478,000 after buying an additional 19,034 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %

NYSEARCA RSP traded up $0.12 during trading hours on Friday, hitting $164.28. 4,760,987 shares of the company’s stock traded hands, compared to its average volume of 6,062,520. The firm has a market capitalization of $55.02 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The business’s fifty day moving average price is $164.71 and its two-hundred day moving average price is $161.97.

Invesco S&P 500 Equal Weight ETF 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).