LexAurum Advisors LLC Purchases 5,020 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

LexAurum Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 56.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,873 shares of the company’s stock after acquiring an additional 5,020 shares during the period. LexAurum Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,431,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Ironwood Wealth Management LLC. grew its holdings in Invesco S&P 500 Equal Weight ETF by 10.5% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock valued at $3,989,000 after buying an additional 2,317 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth $1,298,000. XTX Topco Ltd bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth $296,000. Thrivent Financial for Lutherans raised its stake in Invesco S&P 500 Equal Weight ETF by 24.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 16,307 shares of the company’s stock valued at $2,679,000 after purchasing an additional 3,237 shares during the last quarter. Finally, Toronto Dominion Bank bought a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $14,448,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $182.35 on Friday. The company’s fifty day moving average is $180.36 and its two-hundred day moving average is $176.40. Invesco S&P 500 Equal Weight ETF has a 52-week low of $155.79 and a 52-week high of $188.16. The firm has a market capitalization of $61.08 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).