Astor Investment Management LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Astor Investment Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 68.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 123,488 shares of the company’s stock after acquiring an additional 50,266 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 7.5% of Astor Investment Management LLC’s holdings, making the stock its 7th biggest position. Astor Investment Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,486,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in RSP. First Interstate Bank grew its holdings in Invesco S&P 500 Equal Weight ETF by 10.0% during the fourth quarter. First Interstate Bank now owns 7,453 shares of the company’s stock worth $1,176,000 after acquiring an additional 678 shares during the period. Tyche Wealth Partners LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $623,000. Avior Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 207.3% in the fourth quarter. Avior Wealth Management LLC now owns 2,326 shares of the company’s stock valued at $367,000 after buying an additional 1,569 shares in the last quarter. Wealth Alliance increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 71.5% in the fourth quarter. Wealth Alliance now owns 3,755 shares of the company’s stock valued at $593,000 after buying an additional 1,565 shares in the last quarter. Finally, Marino Stram & Associates LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 156.3% during the 4th quarter. Marino Stram & Associates LLC now owns 8,661 shares of the company’s stock valued at $1,367,000 after acquiring an additional 5,282 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %

Shares of NYSEARCA RSP traded down $0.11 during mid-day trading on Wednesday, reaching $159.58. The company had a trading volume of 1,633,749 shares, compared to its average volume of 6,567,113. The company has a 50-day moving average price of $163.79 and a two-hundred day moving average price of $154.04. The stock has a market cap of $54.18 billion, a PE ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80.

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).