Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Raised by Stephenson & Company Inc.

Stephenson & Company Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 122,193 shares of the company’s stock after buying an additional 5,038 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 14.4% of Stephenson & Company Inc.’s holdings, making the stock its 2nd largest holding. Stephenson & Company Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,412,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SJS Investment Consulting Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares during the period. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. Richardson Financial Services Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the period. GHP Investment Advisors Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in 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 in the last quarter. Finally, Truvestments Capital LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $181.24 on Friday. The business’s fifty day moving average is $180.36 and its 200 day moving average is $177.01. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 and a fifty-two week high of $188.16. The company has a market capitalization of $60.70 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).