Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,180 shares of the company’s stock after purchasing an additional 457 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $732,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanderbilt University increased its position in Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Vanderbilt University now owns 459,139 shares of the company’s stock worth $80,455,000 after purchasing an additional 1,590 shares during the period. Jackson Grant Investment Advisers Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 144,950 shares of the company’s stock valued at $25,400,000 after acquiring an additional 2,001 shares in the last quarter. Deltec Asset Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $1,472,000. Nvwm LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.3% during the fourth quarter. Nvwm LLC now owns 7,313 shares of the company’s stock worth $1,281,000 after buying an additional 300 shares during the period. Finally, Money Concepts Capital Corp boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.3% during the fourth quarter. Money Concepts Capital Corp now owns 148,425 shares of the company’s stock valued at $26,008,000 after buying an additional 1,901 shares in the last quarter.

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

RSP opened at $181.35 on Thursday. The stock has a fifty day moving average of $180.00 and a 200-day moving average of $177.34. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.16 and a 12-month high of $188.16. The firm has a market capitalization of $60.74 billion, a P/E 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).