Hollencrest Capital Management Has $1.27 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hollencrest Capital Management grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,321 shares of the company’s stock after buying an additional 390 shares during the quarter. Hollencrest Capital Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,268,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Alexander Labrunerie & CO. Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the first quarter. Alexander Labrunerie & CO. Inc. now owns 8,202 shares of the company’s stock valued at $1,421,000 after buying an additional 173 shares during the last quarter. Forum Financial Management LP increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.2% in the 1st quarter. Forum Financial Management LP now owns 5,469 shares of the company’s stock worth $947,000 after acquiring an additional 1,102 shares in the last quarter. Fortis Group Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 37.1% during the 1st quarter. Fortis Group Advisors LLC now owns 88,290 shares of the company’s stock valued at $15,294,000 after acquiring an additional 23,892 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.7% during the 1st quarter. Kingsview Wealth Management LLC now owns 17,143 shares of the company’s stock valued at $2,970,000 after acquiring an additional 2,065 shares during the last quarter. Finally, Montis Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 15.1% in the first quarter. Montis Financial LLC now owns 80,723 shares of the company’s stock worth $13,984,000 after buying an additional 10,571 shares during the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $184.64 on Friday. The stock has a market cap of $74.09 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $188.16. The firm’s 50 day moving average price is $179.48 and its 200-day moving average price is $175.76.

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).