Stonebridge Financial Group LLC Invests $342,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Stonebridge Financial Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,954 shares of the company’s stock, valued at approximately $342,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Sandy Cove Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $222,000. Telos Capital Management Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 4.9% during the 4th quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock valued at $3,053,000 after buying an additional 808 shares during the last quarter. Riversedge Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after acquiring an additional 7,883 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after acquiring an additional 173 shares in the last quarter. Finally, Captrust Financial Advisors boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the third quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after acquiring an additional 2,206 shares during the last quarter.

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

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

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).