ICW Investment Advisors LLC Makes New $481,000 Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

ICW Investment Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,045 shares of the company’s stock, valued at approximately $481,000.

Other hedge funds have also modified their holdings of the company. Xponance Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 5.0% during the third quarter. Xponance Inc. now owns 3,131 shares of the company’s stock worth $444,000 after acquiring an additional 148 shares during the period. J.W. Cole Advisors Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 126.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 40,455 shares of the company’s stock valued at $6,384,000 after buying an additional 22,615 shares during the period. TFB Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 38.5% in the fourth quarter. TFB Advisors LLC now owns 1,965 shares of the company’s stock valued at $310,000 after buying an additional 546 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its position in shares of Invesco S&P 500 Equal Weight ETF by 161.7% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,493 shares of the company’s stock worth $2,195,000 after acquiring an additional 9,573 shares during the period. Finally, Roble Belko & Company Inc purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $263,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $160.58 on Thursday. The firm has a market cap of $53.78 billion, a PE ratio of 20.44 and a beta of 0.90. The business has a 50-day moving average price of $164.23 and a 200 day moving average price of $155.57. 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).