Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Vigilare Wealth Management

Vigilare Wealth Management raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 286.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 37,457 shares of the company’s stock after purchasing an additional 27,767 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 2.4% of Vigilare Wealth Management’s portfolio, making the stock its 11th largest position. Vigilare Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,970,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of RSP. Brandywine Financial Group raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $29,000. Hurley Capital LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares during the last quarter. Asset Dedication LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $36,000. Finally, Basepoint Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $40,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0%

RSP opened at $217.11 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $218.11. The firm has a market capitalization of $98.21 billion, a PE ratio of 20.10 and a beta of 0.91. The firm has a 50 day moving average of $211.93 and a two-hundred day moving average of $203.92.

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). 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.