Berkshire Money Management Inc. Grows Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Berkshire Money Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 354,986 shares of the company’s stock after buying an additional 9,010 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 6.8% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 4th biggest holding. Berkshire Money Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $62,204,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Ironwood Wealth Management LLC. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.5% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock worth $3,989,000 after acquiring an additional 2,317 shares in the last quarter. Alpha Financial Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 42.3% during the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after purchasing an additional 1,502 shares in the last quarter. Atwood & Palmer Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 5,845.5% in the 3rd quarter. Atwood & Palmer Inc. now owns 34,008 shares of the company’s stock worth $6,093,000 after purchasing an additional 33,436 shares in the last quarter. Lbmc Investment Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 0.3% during the 3rd quarter. Lbmc Investment Advisors LLC now owns 1,338,431 shares of the company’s stock worth $239,793,000 after buying an additional 4,661 shares during the last quarter. Finally, Park Place Capital Corp increased its position in Invesco S&P 500 Equal Weight ETF by 7.5% during the 3rd quarter. Park Place Capital Corp now owns 54,286 shares of the company’s stock valued at $9,726,000 after buying an additional 3,777 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $180.47 on Wednesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $156.13 and a fifty-two week high of $188.16. The company has a market cap of $60.45 billion, a PE ratio of 20.44 and a beta of 0.90. The business has a 50-day simple moving average of $180.14 and a two-hundred day simple moving average of $177.25.

Invesco S&P 500 Equal Weight ETF 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).