McCollum Christoferson Group LLC Buys Shares of 1,370 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

McCollum Christoferson Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,370 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds have also modified their holdings of RSP. Strategic Financial Concepts LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after acquiring an additional 8,451,521 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Invesco S&P 500 Equal Weight ETF by 312.2% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock worth $242,674,000 after purchasing an additional 1,048,921 shares in the last quarter. SPX Gestao de Recursos Ltda increased its position in Invesco S&P 500 Equal Weight ETF by 1,502.5% during the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after buying an additional 839,150 shares during the last quarter. Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $83,931,000. Finally, Penserra Capital Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% in the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after buying an additional 465,623 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $173.84 on Monday. The business’s 50-day simple moving average is $178.66 and its 200-day simple moving average is $179.10. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The firm has a market cap of $72.42 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

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).