Perigon Wealth Management LLC Increases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Perigon Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 67,553 shares of the company’s stock after buying an additional 6,046 shares during the period. Perigon Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,103,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RSP. LPL Financial LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after acquiring an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after purchasing an additional 98,000 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after purchasing an additional 198,793 shares in the last quarter. Lbmc Investment Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after buying an additional 4,262 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 2.3% in the 3rd quarter. HighTower Advisors LLC now owns 1,324,876 shares of the company’s stock worth $237,365,000 after buying an additional 29,620 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $182.31 on Tuesday. The company’s 50-day simple moving average is $180.39 and its two-hundred day simple moving average is $176.74. The stock has a market capitalization of $61.06 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $155.79 and a 52-week high of $188.16.

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).