Massachusetts Wealth Management lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 24.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,544 shares of the company’s stock after purchasing an additional 693 shares during the quarter. Massachusetts Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $621,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Sandy Cove Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $222,000. Riversedge Advisors LLC grew its position 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 valued at $22,471,000 after acquiring an additional 7,883 shares during the period. Blue Trust Inc. raised its stake in 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 acquiring an additional 173 shares in the last quarter. Montis Financial LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 61.3% during the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after acquiring an additional 21,202 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings 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 period.
Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %
NYSEARCA RSP opened at $180.47 on Wednesday. The firm has a market cap of $60.45 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $156.13 and a 1-year high of $188.16. The company has a 50 day moving average of $180.14 and a 200-day moving average of $177.25.
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).
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