Mainstay Capital Management LLC ADV Has $1.02 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mainstay Capital Management LLC ADV increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 44.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 5,818 shares of the company’s stock after acquiring an additional 1,793 shares during the period. Mainstay Capital Management LLC ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,019,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in RSP. SJS Investment Consulting Inc. increased its holdings in shares of 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 valued at $25,000 after acquiring an additional 88 shares during the last quarter. Van ECK Associates Corp grew its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after buying an additional 78 shares during the last quarter. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. FPC Investment Advisory Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $28,000. Finally, Richardson Financial Services Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 1.4 %

RSP opened at $179.82 on Monday. The firm has a market capitalization of $60.23 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock’s 50 day moving average price is $178.93 and its two-hundred day moving average price is $178.55. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

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).