3,677 Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Bought by Sovran Advisors LLC

Sovran Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,677 shares of the company’s stock, valued at approximately $647,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Strategic Financial Concepts LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after acquiring an additional 8,451,521 shares during the period. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of 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 purchasing an additional 98,000 shares during the period. Citigroup Inc. raised its stake in shares of 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 valued at $373,069,000 after purchasing an additional 198,793 shares in the last quarter. Finally, Lbmc Investment Advisors LLC raised its stake in shares of 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 valued at $235,280,000 after purchasing an additional 4,262 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $180.75 on Wednesday. The company has a market capitalization of $60.54 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s fifty day moving average price is $179.49 and its two-hundred day moving average price is $177.69. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.16 and a fifty-two week high of $188.16.

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).