Lee Johnson Capital Management LLC Increases Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lee Johnson Capital Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 121.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,768 shares of the company’s stock after acquiring an additional 16,904 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 2.8% of Lee Johnson Capital Management LLC’s holdings, making the stock its 7th biggest position. Lee Johnson Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,391,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. CPA Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% in the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after acquiring an additional 62 shares during the last quarter. Inlet Private Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 2.2% during the third 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 increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after purchasing an additional 63 shares in the last quarter. Delta Investment Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the second quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares during the period. Finally, Founders Financial Alliance LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.4% during the 2nd quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock valued at $469,000 after buying an additional 67 shares in the last quarter.

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

Invesco S&P 500 Equal Weight ETF stock opened at $180.04 on Monday. The firm 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 1-year low of $153.16 and a 1-year high of $188.16. The firm has a market capitalization 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 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).