DAVENPORT & Co LLC Has $12.72 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

DAVENPORT & Co LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 72,603 shares of the company’s stock after acquiring an additional 5,761 shares during the period. DAVENPORT & Co LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,722,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. SJS Investment Consulting Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after buying an additional 88 shares in the last quarter. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. Richardson Financial Services Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the last quarter. GHP Investment Advisors Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $181.24 on Monday. 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. The company has a market cap of $60.70 billion, a PE ratio of 20.44 and a beta of 0.90. The stock’s fifty day moving average price is $180.27 and its two-hundred day moving average price is $177.13.

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).