Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Twin Tree Management LP

Twin Tree Management LP increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 236.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 24,894 shares of the company’s stock after acquiring an additional 17,497 shares during the quarter. Twin Tree Management LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,362,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Keene & Associates Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 0.6% during the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock worth $1,735,000 after purchasing 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% during the fourth quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock worth $501,000 after buying an additional 56 shares during the period. Beaumont Financial Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock worth $327,000 after buying an additional 58 shares during the period. Ingalls & Snyder LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after buying an additional 58 shares during the period. Finally, Boston Standard Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after buying an additional 61 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $174.08 on Wednesday. The firm has a market cap of $72.52 billion, a PE ratio of 20.93 and a beta of 1.07. The company has a 50-day moving average of $178.68 and a two-hundred day moving average of $179.10. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-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).