Clear Point Advisors Inc. Grows Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Clear Point Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,676 shares of the company’s stock after buying an additional 70 shares during the quarter. Clear Point Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $294,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. SJS Investment Consulting Inc. raised its holdings in 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 acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp raised its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares in the last quarter. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. GHP Investment Advisors Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Finally, Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8 %

Shares of NYSEARCA:RSP opened at $182.47 on Wednesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The firm’s 50 day moving average price is $179.01 and its 200 day moving average price is $178.06. The stock has a market cap of $61.12 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).