Berkshire Money Management Inc. Has $58.81 Million Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Berkshire Money Management Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 306,432 shares of the company’s stock after buying an additional 7,324 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 6.0% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 5th biggest position. Berkshire Money Management Inc. owned 0.07% of Invesco S&P 500 Equal Weight ETF worth $58,810,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. NBZ Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $26,000. Dorato Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $26,000. Aviso Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Nalls Sherbakoff Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $29,000. Finally, Hurley Capital LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $211.75 on Friday. The company has a market capitalization of $91.35 billion, a P/E ratio of 20.10 and a beta of 0.91. The company’s 50-day simple moving average is $205.99 and its two-hundred day simple moving average is $200.08. Invesco S&P 500 Equal Weight ETF has a one year low of $179.35 and a one year high of $214.30.

Invesco S&P 500 Equal Weight ETF Company 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.