Parkside Financial Bank & Trust Increases Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Parkside Financial Bank & Trust boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5,882.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,051 shares of the company’s stock after buying an additional 3,000 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Invesco S&P 500 Equal Weight ETF were worth $481,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. SJS Investment Consulting Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $26,000. Core Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $38,000. SOA Wealth Advisors LLC. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 51.5% during the fourth quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after purchasing an additional 103 shares in the last quarter. CVA Family Office LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $76,000. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $90,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9 %

NYSEARCA:RSP traded up $1.47 during mid-day trading on Tuesday, hitting $162.50. The stock had a trading volume of 2,911,282 shares, compared to its average volume of 6,611,227. The stock has a 50-day simple moving average of $163.85 and a two-hundred day simple moving average of $154.63. The company has a market capitalization of $55.18 billion, a PE ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80.

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).