Compound Global Advisors LLC Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Compound Global Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,114 shares of the company’s stock, valued at approximately $546,000. Invesco S&P 500 Equal Weight ETF makes up 2.2% of Compound Global Advisors LLC’s holdings, making the stock its 18th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of RSP. Sandy Cove Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $222,000. Telos Capital Management Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.9% in the 4th quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock worth $3,053,000 after purchasing an additional 808 shares during the period. Riversedge Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 6.7% during the 3rd 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 in the last quarter. Blue Trust Inc. boosted 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 valued at $100,000 after purchasing an additional 173 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the 3rd quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after buying an additional 2,206 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $180.73 on Tuesday. The company has a market capitalization of $60.53 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company has a 50 day simple moving average of $179.62 and a two-hundred day simple moving average of $177.59. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.16 and a fifty-two week high of $188.16.

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).