Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by TBH Global Asset Management LLC

TBH Global Asset Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,041 shares of the company’s stock after acquiring an additional 218 shares during the period. TBH Global Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $358,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alpha Financial Partners LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 42.3% in the 3rd quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after purchasing an additional 1,502 shares during the period. Blue Trust Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after buying an additional 173 shares in the last quarter. Foundations Investment Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 428.4% during the 3rd quarter. Foundations Investment Advisors LLC now owns 19,034 shares of the company’s stock worth $3,410,000 after buying an additional 15,432 shares during the period. Signaturefd LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 70.2% during the 3rd quarter. Signaturefd LLC now owns 10,021 shares of the company’s stock valued at $1,795,000 after buying an additional 4,134 shares in the last quarter. Finally, Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $182.84 on Thursday. The company has a fifty day moving average of $179.00 and a two-hundred day moving average of $178.17. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The stock has a market capitalization of $61.24 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company 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).