CoreFirst Bank & Trust Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

CoreFirst Bank & Trust lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 120.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,237 shares of the company’s stock after purchasing an additional 6,147 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.2% of CoreFirst Bank & Trust’s investment portfolio, making the stock its 22nd largest position. CoreFirst Bank & Trust’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,773,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Partnership Wealth Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $25,000. Howe & Rusling Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $26,000. Core Wealth Advisors Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $38,000. GAMMA Investing LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $38,000. Finally, SOA Wealth Advisors LLC. raised its stake in Invesco S&P 500 Equal Weight ETF by 51.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock worth $48,000 after acquiring an additional 103 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock traded up $1.19 during trading hours on Monday, reaching $164.87. 4,229,642 shares of the stock were exchanged, compared to its average volume of 6,132,791. The stock has a market cap of $55.22 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s 50 day moving average is $164.17 and its 200 day moving average is $161.21. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80.

Invesco S&P 500 Equal Weight ETF 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).