Dupree Financial Group LLC Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Dupree Financial Group LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 183.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,268 shares of the company’s stock after acquiring an additional 15,049 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 1.9% of Dupree Financial Group LLC’s holdings, making the stock its 21st biggest position. Dupree Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,077,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sandy Cove Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $222,000. Riversedge Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after purchasing an additional 7,883 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares during the last quarter. Montis Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock worth $9,992,000 after acquiring an additional 21,202 shares in the last quarter. Finally, Captrust Financial Advisors raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock worth $23,455,000 after acquiring an additional 2,206 shares during the last quarter.

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

NYSEARCA:RSP opened at $180.25 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $156.13 and a 52 week high of $188.16. The stock has a market cap of $60.37 billion, a PE ratio of 20.44 and a beta of 0.90. The business’s 50-day simple moving average is $180.27 and its two-hundred day simple moving average is $177.18.

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).