Sowell Financial Services LLC Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)


Share on StockTwits

Sowell Financial Services LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 228.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,723 shares of the company’s stock after buying an additional 19,287 shares during the quarter. Sowell Financial Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,536,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Planned Solutions Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $34,000. Horan Capital Advisors LLC. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $38,000. Fortis Group Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $42,000. BNP Paribas Arbitrage SA bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $43,000. Finally, Pinnacle Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $46,000.

NYSEARCA:RSP opened at $131.77 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $70.56 and a twelve month high of $132.34. The stock has a fifty day simple moving average of $126.81 and a 200-day simple moving average of $114.12.

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).

Featured Story: CAC 40 Index

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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.