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

Cidel Asset Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 78,090 shares of the company’s stock, valued at approximately $13,684,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its position in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. LPL Financial LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after purchasing an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after buying an additional 98,000 shares during the period. Citigroup Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 10.6% in the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after buying an additional 198,793 shares in the last quarter. Finally, Lbmc Investment Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 0.3% in the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock worth $235,280,000 after buying an additional 4,262 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

Shares of NYSEARCA RSP opened at $180.22 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.16 and a 12-month high of $188.16. The stock’s fifty day simple moving average is $179.77 and its two-hundred day simple moving average is $177.39. The stock has a market capitalization of $60.36 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).