Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Stephenson & Company Inc.’s 2nd Largest Position

Stephenson & Company Inc. boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 122,193 shares of the company’s stock after acquiring an additional 5,038 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 14.4% of Stephenson & Company Inc.’s investment portfolio, making the stock its 2nd biggest position. Stephenson & Company Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,412,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of RSP. Ironwood Wealth Management LLC. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 10.5% in the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock valued at $3,989,000 after acquiring an additional 2,317 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $1,298,000. AQR Capital Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 149.3% during the 2nd quarter. AQR Capital Management LLC now owns 20,882 shares of the company’s stock valued at $3,430,000 after purchasing an additional 12,507 shares in the last quarter. Trust Co. of Toledo NA OH increased its position in shares of Invesco S&P 500 Equal Weight ETF by 6.2% during the third quarter. Trust Co. of Toledo NA OH now owns 7,238 shares of the company’s stock valued at $1,297,000 after buying an additional 425 shares during the period. Finally, SG Americas Securities LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. SG Americas Securities LLC now owns 50,485 shares of the company’s stock valued at $9,045,000 after buying an additional 1,101 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $181.24 on Friday. The company has a 50-day simple moving average of $180.36 and a two-hundred day simple moving average of $177.01. The firm has a market capitalization of $60.70 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $155.79 and a one year 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).