Retirement Planning Co of New England Inc. Purchases 439 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Retirement Planning Co of New England Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,290 shares of the company’s stock after purchasing an additional 439 shares during the period. Retirement Planning Co of New England Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $577,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth 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 last quarter. FPC Investment Advisory Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Van ECK Associates Corp lifted its stake in Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $29,000. Finally, Roxbury Financial LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $34,000.

Invesco S&P 500 Equal Weight ETF Trading Up 1.3 %

RSP opened at $174.99 on Tuesday. The company has a market cap of $72.90 billion, a P/E ratio of 20.93 and a beta of 1.07. The business’s 50-day moving average price is $178.71 and its 200-day moving average price is $179.11. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month 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).