Birchcreek Wealth Management LLC Purchases 879 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Birchcreek Wealth Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,910 shares of the company’s stock after acquiring an additional 879 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 3.5% of Birchcreek Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Birchcreek Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,592,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of RSP. SJS Investment Consulting Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares during the period. FPC Investment Advisory Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Van ECK Associates Corp increased its holdings in 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 during the period. Eastern Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $28,000. Finally, GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $179.82 on Monday. The stock’s 50-day moving average is $178.93 and its two-hundred day moving average is $178.55. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The company has a market cap of $60.23 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).