Snowden Capital Advisors LLC Purchases 23,395 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Snowden Capital Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 143.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 39,669 shares of the company’s stock after purchasing an additional 23,395 shares during the quarter. Snowden Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,951,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of RSP. SJS Investment Consulting Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 157.1% in the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares during the last quarter. FPC Investment Advisory Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $28,000. Cambridge Financial Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $28,000. Finally, Joseph Group Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $178.24 on Friday. The firm has a market cap of $73.04 billion, a price-to-earnings ratio of 20.59 and a beta of 1.00. The business has a 50-day simple moving average of $168.81 and a two-hundred day simple moving average of $176.34. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $188.16.

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).