Bridge Creek Capital Management LLC Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bridge Creek Capital Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,659 shares of the company’s stock after purchasing an additional 109 shares during the period. Bridge Creek Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $291,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Ironwood Wealth Management LLC. raised its stake in Invesco S&P 500 Equal Weight ETF by 10.5% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock valued at $3,989,000 after purchasing an additional 2,317 shares during the period. Wealthspire Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 15.5% during the second quarter. Wealthspire Advisors LLC now owns 14,604 shares of the company’s stock valued at $2,399,000 after acquiring an additional 1,956 shares in the last quarter. Retirement Planning Co of New England Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 40.2% in the 2nd quarter. Retirement Planning Co of New England Inc. now owns 2,473 shares of the company’s stock valued at $406,000 after acquiring an additional 709 shares during the last quarter. Stevard LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 35.3% in the 2nd quarter. Stevard LLC now owns 3,426 shares of the company’s stock worth $563,000 after purchasing an additional 893 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 88.4% during the second quarter. CBIZ Investment Advisory Services LLC now owns 265,605 shares of the company’s stock valued at $43,634,000 after purchasing an additional 124,606 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded up $1.23 during trading hours on Monday, hitting $174.48. The stock had a trading volume of 6,866,873 shares, compared to its average volume of 7,454,957. The stock has a market capitalization of $58.44 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $153.10 and a one year high of $188.16. The stock’s 50-day moving average price is $180.89 and its two-hundred day moving average price is $175.64.

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).