Investment House LLC Boosts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Investment House LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 32,659 shares of the company’s stock after acquiring an additional 8,634 shares during the quarter. Investment House LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,723,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in RSP. SJS Investment Consulting Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares in the last quarter. FPC Investment Advisory Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $28,000. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $29,000. Finally, Hemington Wealth Management increased its position in shares of Invesco S&P 500 Equal Weight ETF by 84.0% during the fourth quarter. Hemington Wealth Management now owns 184 shares of the company’s stock worth $32,000 after purchasing an additional 84 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $174.08 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The stock has a market capitalization of $72.52 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. The stock has a 50 day moving average price of $178.68 and a 200 day moving average price of $179.10.

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).