Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Echo45 Advisors LLC

Echo45 Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 100,599 shares of the company’s stock after purchasing an additional 86 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 11.7% of Echo45 Advisors LLC’s holdings, making the stock its 2nd largest position. Echo45 Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,427,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in RSP. Keene & Associates Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.6% in the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after acquiring an additional 56 shares during the last quarter. Atlantic Union Bankshares Corp boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock valued at $501,000 after acquiring an additional 56 shares during the last quarter. Ingalls & Snyder LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.6% in the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock valued at $635,000 after acquiring an additional 58 shares during the last quarter. D L Carlson Investment Group Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.3% in the fourth quarter. D L Carlson Investment Group Inc. now owns 4,771 shares of the company’s stock valued at $836,000 after acquiring an additional 63 shares during the last quarter. Finally, Ironsides Asset Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the fourth quarter. Ironsides Asset Advisors LLC now owns 18,242 shares of the company’s stock valued at $3,197,000 after acquiring an additional 64 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $179.10 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $188.16. The stock has a market cap of $72.40 billion, a PE ratio of 20.59 and a beta of 0.99. The firm’s 50 day moving average price is $170.71 and its two-hundred day moving average price is $175.83.

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).