Apexium Financial LP Buys 2,210 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Apexium Financial LP increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 17,149 shares of the company’s stock after purchasing an additional 2,210 shares during the quarter. Apexium Financial LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,005,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Sandy Cove Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $222,000. Riversedge Advisors LLC increased its stake in 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 purchasing an additional 7,883 shares during the period. Blue Trust Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after purchasing an additional 173 shares during the last quarter. Brightwater Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at $3,227,000. Finally, Montis Financial LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after purchasing an additional 21,202 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $182.19 on Monday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $155.79 and a 12 month high of $188.16. The firm’s 50-day moving average is $180.39 and its 200 day moving average is $176.66. The company has a market capitalization of $61.02 billion, a PE ratio of 20.44 and a beta of 0.90.

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).