Gilman Hill Asset Management LLC Increases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Gilman Hill Asset Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 93.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,842 shares of the company’s stock after purchasing an additional 8,626 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,126,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Kaydan Wealth Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 24.1% during the 4th quarter. Kaydan Wealth Management Inc. now owns 184,338 shares of the company’s stock worth $32,302,000 after acquiring an additional 35,794 shares during the period. Ballast Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 17.6% during the 4th quarter. Ballast Inc. now owns 80,866 shares of the company’s stock valued at $14,170,000 after purchasing an additional 12,093 shares in the last quarter. Bernardo Wealth Planning LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the fourth quarter. Bernardo Wealth Planning LLC now owns 100,230 shares of the company’s stock worth $17,365,000 after purchasing an additional 4,456 shares during the period. Steigerwald Gordon & Koch Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 9.7% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 1,316 shares of the company’s stock worth $231,000 after buying an additional 116 shares in the last quarter. Finally, Lbmc Investment Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.3% during the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after buying an additional 4,262 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5 %

Invesco S&P 500 Equal Weight ETF stock opened at $180.04 on Monday. The business has a 50-day simple moving average of $180.54 and a 200 day simple moving average of $176.12. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.16 and a 52 week high of $188.16. The stock has a market cap of $60.30 billion, a price-to-earnings 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).