Roman Butler Fullerton & Co. Has $2.71 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

Roman Butler Fullerton & Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.1% in the fourth quarter, Holdings Channel reports. The firm owned 13,591 shares of the company’s stock after purchasing an additional 2,729 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 0.7% of Roman Butler Fullerton & Co.’s holdings, making the stock its 29th biggest position. Roman Butler Fullerton & Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,713,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pacific Point Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after buying an additional 52 shares in the last quarter. Drucker Wealth 3.0 LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.3% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after acquiring an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after acquiring an additional 55 shares during the last quarter. Battery Global Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after acquiring an additional 55 shares during the last quarter. Finally, Burns J W & Co. Inc. NY raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after acquiring an additional 57 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $199.73 on Thursday. The business’s 50-day simple moving average is $197.95 and its 200 day simple moving average is $194.06. Invesco S&P 500 Equal Weight ETF has a 52-week low of $157.71 and a 52-week high of $205.24. The firm has a market capitalization of $87.79 billion, a PE ratio of 20.10 and a beta of 0.94.

Invesco S&P 500 Equal Weight ETF 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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.