PCG Asset Management LLC Purchases New Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

PCG Asset Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,581 shares of the company’s stock, valued at approximately $452,000.

Several other hedge funds have also recently bought and sold shares of RSP. SJS Investment Consulting Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares in the last quarter. FPC Investment Advisory Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $28,000. Van ECK Associates Corp grew its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $29,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $34,000.

Invesco S&P 500 Equal Weight ETF Trading Up 1.1 %

Shares of RSP stock opened at $180.18 on Friday. The stock has a market cap of $74.90 billion, a P/E ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The stock has a 50 day simple moving average of $179.15 and a 200 day simple moving average of $178.92.

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).