Royal Harbor Partners LLC Invests $8.18 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Royal Harbor Partners LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 46,660 shares of the company’s stock, valued at approximately $8,176,000. Invesco S&P 500 Equal Weight ETF makes up about 3.1% of Royal Harbor Partners LLC’s investment portfolio, making the stock its 9th largest position.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Opulen Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $1,069,000. Pinnacle Wealth Planning Services Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 33.1% during the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 10,461 shares of the company’s stock worth $1,833,000 after acquiring an additional 2,600 shares during the last quarter. Ethos Financial Group LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 139.7% during the 4th quarter. Ethos Financial Group LLC now owns 69,309 shares of the company’s stock worth $12,145,000 after acquiring an additional 40,400 shares during the last quarter. Lindbrook Capital LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 145.7% during the 4th quarter. Lindbrook Capital LLC now owns 511 shares of the company’s stock valued at $90,000 after purchasing an additional 303 shares during the period. Finally, Black Swift Group LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 80.5% during the 4th quarter. Black Swift Group LLC now owns 147,067 shares of the company’s stock valued at $25,771,000 after purchasing an additional 65,605 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9 %

Invesco S&P 500 Equal Weight ETF stock opened at $177.01 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The company has a market cap of $73.58 billion, a PE ratio of 21.37 and a beta of 1.07. The company’s 50-day moving average is $179.13 and its two-hundred day moving average is $179.07.

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).