Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Holdings Raised by Grant Street Asset Management Inc.

Grant Street Asset Management Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 31,602 shares of the company’s stock after purchasing an additional 948 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.4% of Grant Street Asset Management Inc.’s portfolio, making the stock its 10th largest position. Grant Street Asset Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,538,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Independent Advisor Alliance purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $11,166,000. Meriwether Wealth & Planning LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $701,000. Johnson Investment Counsel Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 17.6% during the 4th quarter. Johnson Investment Counsel Inc. now owns 12,660 shares of the company’s stock valued at $2,218,000 after acquiring an additional 1,899 shares during the period. Moran Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 1.1% in the 4th quarter. Moran Wealth Management LLC now owns 179,495 shares of the company’s stock valued at $31,453,000 after acquiring an additional 1,934 shares in the last quarter. Finally, New Insight Wealth Advisors grew its position in Invesco S&P 500 Equal Weight ETF by 54.0% in the 4th quarter. New Insight Wealth Advisors now owns 54,365 shares of the company’s stock valued at $9,526,000 after acquiring an additional 19,072 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $176.69 on Monday. The company’s 50-day simple moving average is $179.07 and its 200-day simple moving average is $179.17. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The stock has a market capitalization of $73.45 billion, a PE ratio of 21.37 and a beta of 1.07.

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).