Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by &PARTNERS

&PARTNERS grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 49.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 303,269 shares of the company’s stock after buying an additional 100,143 shares during the period. &PARTNERS’s holdings in Invesco S&P 500 Equal Weight ETF were worth $58,228,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Brookstone Capital Management grew its position in Invesco S&P 500 Equal Weight ETF by 2.5% in the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after acquiring an additional 6,481 shares in the last quarter. Banta Asset Management LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $1,654,000. Allen Investment Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 32.8% during the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after purchasing an additional 35,220 shares in the last quarter. Empirical Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 417.0% in the third quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock valued at $2,190,000 after purchasing an additional 9,311 shares during the period. Finally, Tennessee Valley Asset Management Partners acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $777,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

Shares of RSP opened at $212.17 on Wednesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $214.30. The firm’s 50 day moving average price is $204.17 and its 200 day moving average price is $199.14. The company has a market cap of $91.53 billion, a P/E ratio of 20.10 and a beta of 0.91.

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.