SlateStone Wealth LLC Purchases 2,100 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SlateStone Wealth LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 11,617 shares of the company’s stock after purchasing an additional 2,100 shares during the quarter. SlateStone Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,036,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Strategic Financial Concepts LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 21,084.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after acquiring an additional 8,451,521 shares in the last quarter. LPL Financial LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after acquiring an additional 354,184 shares in the last quarter. Keybank National Association OH grew its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the 4th quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock worth $689,809,000 after acquiring an additional 94,658 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in Invesco S&P 500 Equal Weight ETF by 4.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after acquiring an additional 98,000 shares in the last quarter. Finally, Citigroup Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 10.6% in the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after acquiring an additional 198,793 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $172.66 on Friday. The company has a market capitalization of $71.93 billion, a P/E ratio of 20.93 and a beta of 1.07. The company’s 50-day simple moving average is $178.73 and its two-hundred day simple moving average is $179.07. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.

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).