one8zero8 LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

one8zero8 LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 9,184 shares of the company’s stock, valued at approximately $1,609,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Beta Wealth Group Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 6.4% in the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after purchasing an additional 150 shares during the period. Ceera Investments LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $267,000. Sandy Cove Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $222,000. Permanent Capital Management LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $25,956,000. Finally, Strategic Financial Concepts LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 84.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock valued at $12,958,000 after buying an additional 33,861 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.9 %

Shares of NYSEARCA:RSP opened at $172.66 on Friday. The firm has a fifty day moving average of $178.73 and a two-hundred day moving average of $179.07. The firm has a market capitalization of $71.93 billion, a P/E ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

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).

Recommended Stories

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.