Littlejohn Financial Services Inc. Acquires New Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Littlejohn Financial Services Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 105,715 shares of the company’s stock, valued at approximately $18,525,000. Invesco S&P 500 Equal Weight ETF accounts for 16.6% of Littlejohn Financial Services Inc.’s portfolio, making the stock its largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. SJS Investment Consulting Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in 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 raised its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth 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 acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. Richardson Financial Services Inc. increased its position in shares of 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 in the last quarter. Finally, GHP Investment Advisors Inc. raised its stake 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 buying an additional 72 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9 %

NYSEARCA:RSP opened at $181.26 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $157.59 and a 1 year high of $188.16. The stock has a 50-day moving average price of $179.25 and a two-hundred day moving average price of $177.78. The stock has a market cap of $60.71 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).