Signal Advisors Wealth LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 54.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 39,892 shares of the company’s stock after buying an additional 14,013 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 0.8% of Signal Advisors Wealth LLC’s portfolio, making the stock its 28th biggest holding. Signal Advisors Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,990,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of RSP. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. Richardson Financial Services Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the period. GHP Investment Advisors Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $29,000. Finally, Riggs Asset Managment Co. Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 146.7% in the third quarter. Riggs Asset Managment Co. Inc. now owns 185 shares of the company’s stock worth $33,000 after purchasing an additional 110 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %
NYSEARCA RSP opened at $174.67 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $153.10 and a 1-year high of $188.16. The company has a market capitalization of $58.50 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock’s 50 day moving average is $180.85 and its two-hundred day moving average is $175.71.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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