Winebrenner Capital Management LLC Makes New $409,000 Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Winebrenner Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,336 shares of the company’s stock, valued at approximately $409,000.

A number of other hedge funds have also modified their holdings of RSP. Beta Wealth Group Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 6.4% in the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after buying an additional 150 shares during the last quarter. Sandy Cove Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $222,000. Strategic Financial Concepts LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 84.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock valued at $12,958,000 after acquiring an additional 33,861 shares during the last quarter. Telos Capital Management Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.9% in the fourth quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock worth $3,053,000 after acquiring an additional 808 shares during the period. Finally, Blue Trust Inc. raised 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 during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $179.82 on Friday. The firm’s fifty day moving average is $178.98 and its two-hundred day moving average is $178.23. The firm has a market cap of $60.23 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year 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).