Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Echo45 Advisors LLC

Echo45 Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 87,450 shares of the company’s stock after purchasing an additional 2,346 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 9.6% of Echo45 Advisors LLC’s holdings, making the stock its 2nd largest position. Echo45 Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $18,607,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in RSP. Banta Asset Management LP acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $1,654,000. Allen Investment Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 32.8% during the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after buying an additional 35,220 shares during the last quarter. Vise Technologies Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 144.2% during the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock worth $968,000 after buying an additional 2,983 shares during the last quarter. CBIZ Investment Advisory Services LLC increased its position in Invesco S&P 500 Equal Weight ETF by 20.4% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 257,030 shares of the company’s stock valued at $49,137,000 after acquiring an additional 43,580 shares during the period. Finally, Pettyjohn Wood & White Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 14.9% in the 4th quarter. Pettyjohn Wood & White Inc. now owns 30,320 shares of the company’s stock valued at $5,808,000 after acquiring an additional 3,939 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5%

Invesco S&P 500 Equal Weight ETF stock opened at $219.00 on Friday. The stock has a 50 day moving average of $217.21 and a two-hundred day moving average of $207.38. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The stock has a market capitalization of $98.97 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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.