Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Position Increased by Hudson Value Partners LLC

Hudson Value Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 44.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,577 shares of the company’s stock after buying an additional 1,100 shares during the period. Hudson Value Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $641,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of RSP. TFB Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 32.8% during the third quarter. TFB Advisors LLC now owns 3,031 shares of the company’s stock valued at $543,000 after purchasing an additional 749 shares during the last quarter. JB Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $292,000. Keudell Morrison Wealth Management increased its position in shares of Invesco S&P 500 Equal Weight ETF by 22.6% in the third quarter. Keudell Morrison Wealth Management now owns 1,981 shares of the company’s stock worth $355,000 after acquiring an additional 365 shares in the last quarter. Kornitzer Capital Management Inc. KS acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $2,730,000. Finally, Ascent Wealth Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 3rd quarter. Ascent Wealth Partners LLC now owns 83,710 shares of the company’s stock valued at $14,997,000 after acquiring an additional 2,774 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $183.08 on Friday. The firm’s 50 day moving average price is $177.34 and its two-hundred day moving average price is $170.22. The stock has a market cap of $61.32 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $139.03 and a twelve month high of $183.54.

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).