Grange Capital LLC Buys 658 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Grange Capital LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,297 shares of the company’s stock after buying an additional 658 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 7.3% of Grange Capital LLC’s portfolio, making the stock its 3rd largest position. Grange Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,288,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Texas Permanent School Fund Corp increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 318.5% in the fourth quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after acquiring an additional 6,211,920 shares in the last quarter. Temasek Holdings Private Ltd bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $720,730,000. Caisse DE Depot ET Placement DU Quebec bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $620,875,000. Invesco Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 30.6% during the fourth quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock worth $1,751,149,000 after buying an additional 2,338,882 shares in the last quarter. Finally, Bracebridge Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $250,001,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $184.61 on Tuesday. The company has a market cap of $74.13 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $188.16. The stock has a 50-day simple moving average of $178.77 and a 200 day simple moving average of $175.60.

Invesco S&P 500 Equal Weight ETF Company 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).