Lloyd Advisory Services LLC. Purchases New Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lloyd Advisory Services LLC. acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,750 shares of the company’s stock, valued at approximately $287,000.

Several other hedge funds have also modified their holdings of the company. Apexium Financial LP grew its stake in Invesco S&P 500 Equal Weight ETF by 111.6% in the 4th quarter. Apexium Financial LP now owns 14,908 shares of the company’s stock valued at $2,353,000 after acquiring an additional 7,864 shares during the period. VitalStone Financial LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $303,000. Davis R M Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.8% during the fourth quarter. Davis R M Inc. now owns 13,334 shares of the company’s stock worth $2,104,000 after purchasing an additional 364 shares in the last quarter. Optimum Investment Advisors raised its position in shares of Invesco S&P 500 Equal Weight ETF by 95.5% during the 1st quarter. Optimum Investment Advisors now owns 2,170 shares of the company’s stock worth $368,000 after purchasing an additional 1,060 shares during the last quarter. Finally, Tran Capital Management L.P. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $434,000.

Invesco S&P 500 Equal Weight ETF Trading Down 1.1 %

RSP stock opened at $170.45 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $175.96. The business’s 50-day moving average is $169.09 and its 200 day moving average is $166.14. The stock has a market cap of $57.09 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).