Atlantic Edge Private Wealth Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 2.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 56,934 shares of the company’s stock after acquiring an additional 1,177 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 3.1% of Atlantic Edge Private Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding. Atlantic Edge Private Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,977,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the company. SJS Investment Consulting Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares during the period. Eastern Bank purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. lifted its stake 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 in the last quarter. GHP Investment Advisors Inc. lifted its stake in 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. Finally, Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $29,000.
Invesco S&P 500 Equal Weight ETF Price Performance
RSP opened at $180.73 on Tuesday. The company’s 50 day simple moving average is $179.62 and its two-hundred day simple moving average is $177.59. The firm has a market capitalization of $60.53 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1-year low of $156.16 and a 1-year high of $188.16.
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).
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- The Role Economic Reports Play in a Successful Investment Strategy
- Monday.com Stock Could Soar to New Highs—Here’s How
- Health Care Stocks Explained: Why You Might Want to Invest
- Merck: 4 No-Brainer Reasons to Buy This Dip
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
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).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
