Baxter Bros Inc. Takes $391,000 Position in Invesco S&P 500 Equal Weight ETF $RSP

Baxter Bros Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 2,154 shares of the company’s stock, valued at approximately $391,000.

Other hedge funds have also recently made changes to their positions in the company. Strategic Family Wealth Counselors L.L.C. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after acquiring an additional 1,320 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21.9% during the 1st quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock worth $474,000 after acquiring an additional 492 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.1% during the 1st quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock worth $2,639,000 after acquiring an additional 873 shares during the last quarter. Biltmore Family Office LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 20.7% during the 1st quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after acquiring an additional 11,477 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 171.1% during the 1st quarter. Blue Trust Inc. now owns 431 shares of the company’s stock worth $75,000 after acquiring an additional 272 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $190.97 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.30. The company has a market capitalization of $75.06 billion, a P/E ratio of 20.10 and a beta of 1.05. The company has a fifty day moving average of $187.50 and a 200-day moving average of $179.47.

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).