Compass Capital Corp MA ADV Purchases 21,954 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Compass Capital Corp MA ADV boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 450.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,829 shares of the company’s stock after acquiring an additional 21,954 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 2.1% of Compass Capital Corp MA ADV’s holdings, making the stock its 12th largest holding. Compass Capital Corp MA ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,457,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. Brighton Jones LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $83,931,000. Bison Wealth LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $11,553,000. Finally, Gamco Investors INC. ET AL bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $279,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 1.6%

Shares of RSP opened at $209.75 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $175.98 and a 12-month high of $210.95. The firm has a market capitalization of $90.49 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The stock’s 50-day moving average price is $203.02 and its 200 day moving average price is $198.65.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.