Stonebridge Financial Group LLC Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Stonebridge Financial Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,954 shares of the company’s stock, valued at approximately $342,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Alpha Financial Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 42.3% during the 3rd quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after buying an additional 1,502 shares in the last quarter. Ritholtz Wealth Management grew its holdings in Invesco S&P 500 Equal Weight ETF by 41.6% during the third quarter. Ritholtz Wealth Management now owns 3,162 shares of the company’s stock worth $566,000 after acquiring an additional 929 shares during the period. Exchange Traded Concepts LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $163,000. VitalStone Financial LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 46.0% in the third quarter. VitalStone Financial LLC now owns 235 shares of the company’s stock valued at $42,000 after acquiring an additional 74 shares during the period. Finally, Procyon Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 50.0% during the 3rd quarter. Procyon Advisors LLC now owns 6,254 shares of the company’s stock worth $1,120,000 after purchasing an additional 2,085 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.0 %

Shares of RSP opened at $180.75 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $156.16 and a 52-week high of $188.16. The company has a 50-day simple moving average of $179.49 and a 200-day simple moving average of $177.69. The company has a market capitalization of $60.54 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company 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).