Steigerwald Gordon & Koch Inc. Buys 328 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Steigerwald Gordon & Koch Inc. raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,644 shares of the company’s stock after purchasing an additional 328 shares during the period. Steigerwald Gordon & Koch Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $285,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of RSP. Beta Wealth Group Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 6.4% in the 4th quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after acquiring an additional 150 shares during the period. Tidemark LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 31.4% during the fourth quarter. Tidemark LLC now owns 431 shares of the company’s stock worth $76,000 after purchasing an additional 103 shares during the period. Ceera Investments LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $267,000. Permanent Capital Management LP acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $25,956,000. Finally, Strategic Financial Concepts LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 84.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after purchasing an additional 33,861 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

NYSEARCA:RSP opened at $177.64 on Thursday. The stock has a market cap of $71.81 billion, a P/E ratio of 20.59 and a beta of 0.99. The stock has a 50 day simple moving average of $169.75 and a 200 day simple moving average of $175.97. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16.

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).