Baker Avenue Asset Management LP Has $22 Million Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Baker Avenue Asset Management LP increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,866 shares of the company’s stock after acquiring an additional 2,528 shares during the quarter. Baker Avenue Asset Management LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,004,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in RSP. Brookstone Capital Management increased its stake 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 buying an additional 6,481 shares during the period. Argent Advisors Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 5.8% in the 3rd quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after buying an additional 3,135 shares during the period. Roman Butler Fullerton & Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 67.0% in the 3rd quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock valued at $2,046,000 after buying an additional 4,358 shares during the period. Caprock Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $4,966,000. Finally, Empirical Asset Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 417.0% in the 3rd quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock valued at $2,190,000 after buying an additional 9,311 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $207.49 on Thursday. The firm has a market cap of $89.51 billion, a PE ratio of 20.10 and a beta of 0.92. The firm’s 50 day moving average price is $199.26 and its two-hundred day moving average price is $196.93. Invesco S&P 500 Equal Weight ETF has a twelve month low of $174.27 and a twelve month high of $208.73.

About Invesco S&P 500 Equal Weight ETF

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.