BankPlus Trust Department Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

BankPlus Trust Department bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, HoldingsChannel.com reports. The firm bought 1,201 shares of the company’s stock, valued at approximately $210,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SJS Investment Consulting Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the last quarter. FPC Investment Advisory Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $28,000. Van ECK Associates Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares during the last quarter. GHP Investment Advisors Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $179.97 on Tuesday. The company has a 50-day simple moving average of $178.90 and a 200-day simple moving average of $178.65. The firm has a market capitalization of $60.28 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 $158.83 and a 52 week 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).