LGL Partners LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 4.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,087 shares of the company’s stock after purchasing an additional 369 shares during the quarter. LGL Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,434,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in RSP. Core Wealth Advisors Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $38,000. GAMMA Investing LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $38,000. SOA Wealth Advisors LLC. boosted its position in 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 valued at $48,000 after purchasing an additional 103 shares in the last quarter. CVA Family Office LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $76,000. Finally, Massmutual Trust Co. FSB ADV bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $90,000.
Invesco S&P 500 Equal Weight ETF Stock Performance
RSP stock traded down $1.71 during trading on Tuesday, reaching $161.85. 3,458,902 shares of the company traded hands, compared to its average volume of 6,520,886. The business has a 50 day simple moving average of $164.18 and a 200 day simple moving average of $155.38. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The company has a market capitalization of $54.95 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93.
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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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