Epiq Partners LLC Acquires 7,484 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Epiq Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 142.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,735 shares of the company’s stock after purchasing an additional 7,484 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.2% of Epiq Partners LLC’s investment portfolio, making the stock its 27th biggest holding. Epiq Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,232,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of RSP. Foundations Investment Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 15.5% in the fourth quarter. Foundations Investment Advisors LLC now owns 21,976 shares of the company’s stock worth $3,851,000 after purchasing an additional 2,942 shares during the last quarter. Parsons Capital Management Inc. RI boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.3% in the 4th quarter. Parsons Capital Management Inc. RI now owns 43,148 shares of the company’s stock worth $7,561,000 after buying an additional 534 shares during the last quarter. Cornerstone Wealth Group LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 62.3% in the 4th quarter. Cornerstone Wealth Group LLC now owns 64,779 shares of the company’s stock worth $11,351,000 after buying an additional 24,871 shares during the last quarter. Apexium Financial LP grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.8% in the fourth quarter. Apexium Financial LP now owns 17,149 shares of the company’s stock worth $3,005,000 after acquiring an additional 2,210 shares during the period. Finally, Cathy Pareto & Associates Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $799,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $182.31 on Tuesday. The business’s 50-day moving average is $180.39 and its two-hundred day moving average is $176.74. The company has a market cap of $61.06 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 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).