Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Second Line Capital LLC

Second Line Capital LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.9% in the fourth quarter, HoldingsChannel reports. The fund owned 65,245 shares of the company’s stock after purchasing an additional 1,869 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 3.1% of Second Line Capital LLC’s holdings, making the stock its 9th largest holding. Second Line Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,433,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.5% in the third quarter. Barclays PLC now owns 649,104 shares of the company’s stock valued at $116,294,000 after purchasing an additional 61,928 shares in the last quarter. Carnegie Investment Counsel lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.9% in the fourth quarter. Carnegie Investment Counsel now owns 62,935 shares of the company’s stock valued at $11,028,000 after purchasing an additional 2,932 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.8% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 2,257 shares of the company’s stock valued at $396,000 after purchasing an additional 325 shares in the last quarter. Edge Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 122.2% in the fourth quarter. Edge Wealth Management LLC now owns 6,918 shares of the company’s stock valued at $1,212,000 after purchasing an additional 3,805 shares in the last quarter. Finally, Cvfg LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $3,758,000.

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

RSP stock opened at $179.99 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $188.16. The stock’s 50 day moving average is $168.97 and its 200-day moving average is $176.35. The firm has a market capitalization of $73.76 billion, a PE ratio of 20.59 and a beta of 1.00.

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).