Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Jackson Grant Investment Advisers Inc.

Jackson Grant Investment Advisers Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 156,374 shares of the company’s stock after buying an additional 3,525 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 9.9% of Jackson Grant Investment Advisers Inc.’s holdings, making the stock its 2nd largest position. Jackson Grant Investment Advisers Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $29,955,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dorato Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $26,000. NBZ Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Aviso Financial Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. IMA Advisory Services Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $33,000. Finally, Cloud Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 1.3%

NYSEARCA:RSP opened at $203.16 on Friday. The company has a market capitalization of $88.99 billion, a PE ratio of 20.10 and a beta of 0.94. Invesco S&P 500 Equal Weight ETF has a 52-week low of $157.71 and a 52-week high of $205.24. The stock has a fifty day simple moving average of $198.01 and a 200-day simple moving average of $194.21.

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.