Radnor Capital Management LLC Increases Stake in Invesco S&P 500 Equal Weight ETF $RSP

Radnor Capital Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 210.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 17,617 shares of the company’s stock after purchasing an additional 11,939 shares during the quarter. Radnor Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,375,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Pacific Point Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after buying an additional 52 shares during the period. Drucker Wealth 3.0 LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.3% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after buying an additional 55 shares during the period. Strategies Wealth Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.5% during the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after buying an additional 55 shares during the period. Battery Global Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after acquiring an additional 55 shares during the last quarter. Finally, HORAN Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the fourth quarter. HORAN Wealth LLC now owns 4,770 shares of the company’s stock valued at $914,000 after acquiring an additional 56 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.6%

Shares of NYSEARCA:RSP opened at $202.80 on Tuesday. The company has a 50-day moving average price of $197.94 and a 200-day moving average price of $196.03. The company has a market cap of $87.49 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 12 month low of $173.00 and a 12 month high of $205.53.

Invesco S&P 500 Equal Weight ETF 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). 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.