Keene & Associates Inc. Acquires New Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Keene & Associates Inc. bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 9,845 shares of the company’s stock, valued at approximately $1,764,000.

Other hedge funds have also bought and sold shares of the company. Tran Capital Management L.P. purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth about $434,000. Destination Wealth Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.1% in the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after buying an additional 96 shares during the last quarter. Courage Miller Partners LLC grew its position in Invesco S&P 500 Equal Weight ETF by 0.6% during the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after buying an additional 273 shares during the period. Brookstone Capital Management increased its holdings in Invesco S&P 500 Equal Weight ETF by 13.5% during the first quarter. Brookstone Capital Management now owns 40,069 shares of the company’s stock valued at $6,786,000 after buying an additional 4,772 shares during the last quarter. Finally, Roberts Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $470,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $178.92 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $182.22. The company’s fifty day simple moving average is $176.18 and its 200-day simple moving average is $169.10. The stock has a market capitalization of $59.93 billion, a PE ratio of 20.44 and a beta of 0.90.

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).