Rye Brook Capital LLC Invests $3.61 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Rye Brook Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 20,600 shares of the company’s stock, valued at approximately $3,610,000. Invesco S&P 500 Equal Weight ETF makes up 4.3% of Rye Brook Capital LLC’s holdings, making the stock its 8th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Beta Wealth Group Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 6.4% in the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock valued at $440,000 after acquiring an additional 150 shares during the period. Sandy Cove Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $222,000. Strategic Financial Concepts LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 84.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after purchasing an additional 33,861 shares during the last quarter. Telos Capital Management Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.9% in the fourth quarter. Telos Capital Management Inc. now owns 17,425 shares of the company’s stock valued at $3,053,000 after buying an additional 808 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after buying an additional 173 shares in the last quarter.

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

Shares of NYSEARCA RSP opened at $182.47 on Wednesday. The company has a market cap of $61.12 billion, a PE ratio of 20.44 and a beta of 0.90. The company has a 50-day moving average of $179.01 and a two-hundred day moving average of $178.06. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year 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).