TCP Asset Management LLC Acquires Shares of 1,220 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TCP Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,220 shares of the company’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC grew its position in Invesco S&P 500 Equal Weight ETF by 13.3% during the third quarter. FMR LLC now owns 58,513 shares of the company’s stock worth $8,291,000 after buying an additional 6,874 shares in the last quarter. Natixis Advisors L.P. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 3rd quarter. Natixis Advisors L.P. now owns 12,881 shares of the company’s stock worth $1,825,000 after purchasing an additional 194 shares in the last quarter. Toronto Dominion Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $130,000. Rehmann Capital Advisory Group acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $228,000. Finally, First National Bank of Omaha lifted its position in Invesco S&P 500 Equal Weight ETF by 18.2% during the third quarter. First National Bank of Omaha now owns 5,300 shares of the company’s stock worth $751,000 after purchasing an additional 815 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

RSP stock traded up $0.07 during mid-day trading on Wednesday, hitting $163.75. The stock had a trading volume of 2,743,812 shares, compared to its average volume of 6,023,526. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The firm has a market capitalization of $54.85 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm has a fifty day simple moving average of $164.77 and a 200 day simple moving average of $162.18.

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).