Grange Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 4th quarter, Holdings Channel reports. The firm purchased 35,639 shares of the company’s stock, valued at approximately $6,245,000. Invesco S&P 500 Equal Weight ETF makes up 6.5% of Grange Capital LLC’s portfolio, making the stock its 3rd largest position.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Beaumont Financial Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after purchasing an additional 58 shares during the period. CPA Asset Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after purchasing an additional 62 shares during the period. Inlet Private Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after purchasing an additional 63 shares during the period. Abound Wealth Management grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after purchasing an additional 63 shares during the period. Finally, Avior Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 4th quarter. Avior Wealth Management LLC now owns 4,272 shares of the company’s stock worth $749,000 after purchasing an additional 64 shares during the period.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA:RSP opened at $182.19 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $155.79 and a 1 year high of $188.16. The stock has a market capitalization of $61.02 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock has a 50-day simple moving average of $180.39 and a 200-day simple moving average of $176.57.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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