Latko Wealth Management Ltd. Acquires 489 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Latko Wealth Management Ltd. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,877 shares of the company’s stock after purchasing an additional 489 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.4% of Latko Wealth Management Ltd.’s portfolio, making the stock its 19th biggest position. Latko Wealth Management Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $679,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSP. Alpha Financial Partners LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 42.3% during the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after acquiring an additional 1,502 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $163,000. Vontobel Holding Ltd. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 27.8% during the third quarter. Vontobel Holding Ltd. now owns 16,904 shares of the company’s stock worth $3,029,000 after acquiring an additional 3,679 shares in the last quarter. Optimum Investment Advisors lifted its holdings in Invesco S&P 500 Equal Weight ETF by 93.0% during the third quarter. Optimum Investment Advisors now owns 6,359 shares of the company’s stock worth $1,139,000 after acquiring an additional 3,065 shares in the last quarter. Finally, Bleakley Financial Group LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 1.3% during the third quarter. Bleakley Financial Group LLC now owns 63,472 shares of the company’s stock worth $11,372,000 after acquiring an additional 815 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $181.08 on Friday. The business’s 50-day moving average price is $179.16 and its two-hundred day moving average price is $177.80. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The company has a market capitalization of $60.65 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).