Ironwood Financial llc Purchases 3,500 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ironwood Financial llc boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,036 shares of the company’s stock after purchasing an additional 3,500 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.1% of Ironwood Financial llc’s investment portfolio, making the stock its 24th biggest position. Ironwood Financial llc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,438,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Sandy Cove Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $222,000. Riversedge Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after acquiring an additional 7,883 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after purchasing an additional 173 shares in the last quarter. Brightwater Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $3,227,000. Finally, Montis Financial LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after purchasing an additional 21,202 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $180.04 on Monday. The firm has a 50 day simple moving average of $180.54 and a two-hundred day simple moving average of $176.12. The stock has a market cap of $60.30 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $153.16 and a one year high of $188.16.

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).