Collier Financial Acquires New Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Collier Financial bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, HoldingsChannel.com reports. The firm bought 3,373 shares of the company’s stock, valued at approximately $591,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.5% of Collier Financial’s holdings, making the stock its 23rd biggest holding.

A number of other hedge funds have also made changes to their positions in RSP. SJS Investment Consulting Inc. increased its position 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 buying an additional 88 shares in the last quarter. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares in the last quarter. GHP Investment Advisors Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares during the period. Finally, Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $180.73 on Tuesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.16 and a fifty-two week high of $188.16. The company has a market capitalization of $60.53 billion, a PE ratio of 20.44 and a beta of 0.90. The stock has a fifty day moving average of $179.62 and a two-hundred day moving average of $177.59.

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).