Jacobi Capital Management LLC Grows Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Jacobi Capital Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% in the fourth quarter, HoldingsChannel reports. The firm owned 20,021 shares of the company’s stock after buying an additional 234 shares during the period. Jacobi Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,508,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Strategic Financial Concepts LLC lifted its position 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 buying an additional 8,451,521 shares during the last quarter. SPX Gestao de Recursos Ltda lifted its position in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after buying an additional 839,150 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $83,931,000. Penserra Capital Management LLC lifted its position in 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 valued at $87,088,000 after buying an additional 465,623 shares during the last quarter. Finally, First Interstate Bank lifted its position in Invesco S&P 500 Equal Weight ETF by 2,324.6% in the third quarter. First Interstate Bank now owns 379,553 shares of the company’s stock valued at $68,001,000 after buying an additional 363,899 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $180.18 on Friday. The stock has a market capitalization of $74.90 billion, a P/E ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The firm’s 50-day moving average is $179.15 and its two-hundred day moving average is $178.84.

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).