Exchange Traded Concepts LLC Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Exchange Traded Concepts LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 500.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,472 shares of the company’s stock after purchasing an additional 4,560 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $959,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. GHP Investment Advisors Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $29,000. Richardson Financial Services Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the period. Finally, Bristlecone Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $33,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $181.41 on Wednesday. The company has a 50 day moving average price of $180.40 and a 200-day moving average price of $176.85. Invesco S&P 500 Equal Weight ETF has a 1-year low of $155.79 and a 1-year high of $188.16. The firm has a market cap of $60.76 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).