TCTC Holdings LLC Invests $107,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TCTC Holdings LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) during the 4th quarter, Holdings Channel.com reports. The firm bought 610 shares of the company’s stock, valued at approximately $107,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. SJS Investment Consulting Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the period. Van ECK Associates Corp lifted its stake 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 acquiring an additional 78 shares during the period. FPC Investment Advisory Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $28,000. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $29,000. Finally, Hemington Wealth Management lifted its stake in Invesco S&P 500 Equal Weight ETF by 84.0% in the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after acquiring an additional 84 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.3 %

Shares of RSP stock opened at $174.99 on Tuesday. The stock has a fifty day moving average of $178.71 and a 200 day moving average of $179.11. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The firm has a market capitalization of $72.90 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF 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).

Further Reading

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).

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

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