Cowa LLC Raises Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Cowa LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 208.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,215 shares of the company’s stock after purchasing an additional 27,832 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 3.3% of Cowa LLC’s investment portfolio, making the stock its 8th largest holding. Cowa LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,222,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of RSP. Alpha Financial Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 42.3% in the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock valued at $905,000 after purchasing an additional 1,502 shares during the period. Blue Trust Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after acquiring an additional 173 shares in the last quarter. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $28,000. Beese Fulmer Investment Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $213,000. Finally, Bogart Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.1% in the third quarter. Bogart Wealth LLC now owns 1,274 shares of the company’s stock valued at $228,000 after acquiring an additional 414 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $179.82 on Friday. The company’s 50-day simple moving average is $178.98 and its 200 day simple moving average is $178.23. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The company has a market capitalization of $60.23 billion, a PE ratio of 20.44 and a beta of 0.90.

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).