Horizon Kinetics Asset Management LLC Has $896,000 Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Horizon Kinetics Asset Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 64.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,115 shares of the company’s stock after purchasing an additional 2,012 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $896,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of RSP. Beta Wealth Group Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after purchasing an additional 150 shares during the last quarter. Tidemark LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 31.4% during the 4th quarter. Tidemark LLC now owns 431 shares of the company’s stock worth $76,000 after buying an additional 103 shares in the last quarter. Ceera Investments LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $267,000. Sandy Cove Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $222,000. Finally, Permanent Capital Management LP acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $25,956,000.

Invesco S&P 500 Equal Weight ETF Trading Up 1.3 %

RSP stock opened at $174.99 on Tuesday. The stock has a market capitalization of $72.90 billion, a P/E ratio of 20.93 and a beta of 1.07. The firm has a 50-day moving average price of $178.71 and a 200-day moving average price of $179.11. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month 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).